All Forum Posts by: Barb Lee

Good point.  I will be carrying liability insurance.  My business is to rent out the property as short term rentals, so it's not commercial purposes, but rather guests staying there under 30 days.

I want to lease residential property in Washington state to use for a business, not a personal residence. I want to minimize my personal liability and risk. Although I'd like to enter into the contract as owner of my LLC, landlords don't like this. I'm hoping I can convince the landlord to enter into the contract with my LLC and then have me as guarantor. I don't mind personally guaranteeing that the rent will be paid, but I'm hoping having me as a guarantor on the lease with the owner doesn't increase my personal liability against lawsuits such as someone falling on the property and suing me, rather than the LLC. I'd appreciate any advice or other ideas for me!