All Forum Posts by: Mayank Jhaveri
Mayank Jhaveri has started 2 posts and replied 4 times.
Post: Leasing property to LLC - Question

- Investor
- Chicago, IL
- Posts 6
- Votes 4
Thanks all for the information, I appreciate it.
Sarah - I will connect with you to better understand how you went about it.
Post: Leasing property to LLC - Question

- Investor
- Chicago, IL
- Posts 6
- Votes 4
Hi All -
In the process of getting our 2nd Airbnb started. For our 1st one, we have transferred the deed to an LLC, but someone mentioned that leasing your property to the LLC is also a smart way to still keep the title in your name.
Curious how people set this up? Just right a rental contract with the LLC like any other tenant and then have utilities setup under the LLC's name?
I know 1 major pro of this method is the ability to re-finance without doing another deed transfer, but any other major pros and cons?
Thanks,
Mayank
Post: How to handle 2 LLCs under one Airbnb, Vrbo account?

- Investor
- Chicago, IL
- Posts 6
- Votes 4
Quote from @Account Closed:
Quote from @Mayank Jhaveri:
Hello All -
We are in the process of purchasing our 2nd STR and since this will be under a different LLC, trying to understand how other hosts handle this situation. I don't believe Airbnb & Vrbo allows 2 different LLCs with 1 email/account so curious how hosts get around it.
Obviously, we want to make sure the super host status and all the good reviews are visible on the new property as well.
Thanks in advance for your help!
I had not thought of that. Thanks for sharing that perspective. We will consider it.
Thanks All!
Post: How to handle 2 LLCs under one Airbnb, Vrbo account?

- Investor
- Chicago, IL
- Posts 6
- Votes 4
Hello All -
We are in the process of purchasing our 2nd STR and since this will be under a different LLC, trying to understand how other hosts handle this situation. I don't believe Airbnb & Vrbo allows 2 different LLCs with 1 email/account so curious how hosts get around it.
Obviously, we want to make sure the super host status and all the good reviews are visible on the new property as well.
Thanks in advance for your help!