Luke CarlPosterPremium#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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LLC for my Vacation Rental
So I think it's best I start an LLC for my vacation rental. It's doing much better than expected and I want to protect myself.
I have no idea how this works. In fact I heard on a podcast where a guy started an LLC after he signed the paperwork and the deed was transferred in his personal name and he formed an LLC later and he got screwed. Maybe I didn't hear that correctly?
My mortgage is currently being sold to who knows what bank.
Please advice me on how this works.
Thanks!