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Updated about 4 years ago on . Most recent reply

Amanda Bruneau's profile image
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Amanda Bruneau
  • from Rhode Island
  • Member since Feb 20, 2020
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41
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Amanda Bruneau's profile image
Amanda Bruneau's profile image
Amanda Bruneau
  • from Rhode Island
  • Member since Feb 20, 2020
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Amanda Bruneau
  • Rhode Island
29
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41
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General Real Estate Investing

LLC and a Second Home

Amanda Bruneau
  • Rhode Island
Posted

I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb and is worried because it is not in an LLC. She has over 40% equity in the home. Is there any way around this legally? Or can you only put investment properties in an LLC? Thank you in advance for your advice!

  • Amanda Bruneau
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