Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

21
Posts
18
Votes
Mary Pastoral
18
Votes |
21
Posts

Timing of LLC creation

Mary Pastoral
Posted

We do not have an LLC yet.

We are preparing to have our old primary house turned into an Airbnb and plan on listing it in December 2023.
Would it be better to ask the law firm that we are working with to start the process of creating an LLC as soon as possible?

Is there a significant benefit to rushing to form the LLC before launching the short-term rental?

We have one existing long-term rental that is also in our name and will be also placed into this LLC.

Thank you. 

  • Mary Pastoral
  • Loading replies...