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Updated over 4 years ago,
Air bnb short term rentals - structure?
I know that declaring income is a bit tricky, if you want it to be tax efficient so I am wondering what the best way to do it is? Is it in your own name? Have it go into an LLC bank account?
Im looking for two factors: asset protection as well as tax advantages. Any advice from someone who has done this before would be really great!
Best,
Sameer