STR, LLC or no LLC that is the question
Hi guys and gals,
I'm contemplating doing Airbnb arbitrage in my area. Just to be clear, I'll be leasing apartments and homes to host Airbnb guests. I am not clear on if it is necessary or perhaps advised to start this off by using an LLC to put all my leases under and funnel the rents through for added tax benefits as well as liability protection.
Let me know what you’ve experienced or heard.