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Updated almost 3 years ago,
Question regarding LLC formation for a Short Term Rental
I just purchased my first STR in Gulf Shores, AL, with an investment loan, not a second home. My question is do I need to go ahead and form and LLC now? I will be going live on AirBnB next week. Also, since I live in Houston, TX, can the LLC be formed in my hometown or does it have to be an Alabama LLC?
Any advice would be appreciated!