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Updated over 5 years ago,
S Corp for Airbnb in Puerto Rico while living in nyc
Hello,
I'm trying to sort my liabilities in order based on my properties..
2 family which I House hack in the Bronx.. - under a 1 million Dollar umbrella policy.. which I believe is good enough..
I have a 1 bedroom condo in Puerto Rico in Airbnb.. - s Corp based out of nyc .. with this property set up as an asset.
A 2 bedroom condo in Puerto Rico in Airbnb... - separate s Corp based out of nyc . With a 50/50 partnership/shares between myself and my boyfriend . with this property set up as an asset.
Any advice or suggestions different from what I'm doing?
Would love to connect with others that have experience investing in condos or homes in Puerto Rico that are also in the home sharing economy..
Thank you!