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Updated over 2 years ago,
LLC for AirBNB in another state
Hello!
I recently bought my first investment property in Western NC this year. I want to AirBnB the property before the end of the year, if possible.
I've furnished the house, lined up lawn care and a potential housekeeper. My question is:
1. How do I proceed with setting up an LLC? I would need to apply to register in NC and not the state I live in (which is SC), correct?
2. Do I need to adjust my homeowner's insurance policy?
3. Anything else I should plan on doing?
I've previously worked in property management so I'm more familiar with longer-term rentals, but I really would like to start my own short-term rental this year to gain more experience. Thanks so much for your help!
Kind Regards,
Holly