All Forum Posts by: Andrew Wong

@Paul Sandhu, i don't get what you mean, can you elaborate?

So everybody's SmartBnB and Guesty integration break these past few days? lol

@Kevin Lefeuvre, I guess I'll just have to disagree with your conclusion. The only thing he says is, "Damage costs ten thousand dollars" and that was the end of that.

I would be surprised that AirBnB won't cover this! But I guess we'll never find out. 

Lesson here is to get insurance, and vet your guests. Another reason to not rent to vacationers.

The article didn't it say AirBnB didn't compensate the host.  Why do you say that?

@Ethan Cooke. where is this steel working factory in the SF Bay?

I understand buying and holding your properties under the LLC, but what about operating your short term rental business as a LLC? I think those are distinct things are they not?

@Jon Crosby @John Underwood@Alex M.

How do you guys actually operate on AirBnB as a LLC? You cannot register as a legal entity. What do you do to make it so you get liability protection?

My expenses are categorized as follows

• Insurance
• Utilities
• Supplies to restock consumables
• Telling my coordinator to go out and do random things because inevitably people coming in for STRs fail at figuring things out
• Cleaning crew

I've never heard of this rule too, so to answer your question....

"No"

 I'm using Guesty.