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Updated over 1 year ago, 06/18/2023
How do you structure your STR business if you have more than one?
Hi all,
I currently own 2 STRs properties (1 in Seattle, WA, and 1 in Big Bear City, CA), Both companies have a separate LLC, and on top of that, I have another LLC that I use as a holding company for the two LLCs above. My question is, should the income go to the two STR companies or should it go to the holding company instead? And how do you pay yourself?
Thank you all!
Nick