Llc for AirBNB/STR

[Matthew Kauk]

I have an AirBNB in Savannah GA that I bought in August of 2023 it coming on a full year now and I'm looking to refinance.

At what point should I move the STR into an llc?

Should I do this before I refinance my home or after I refinance?

Is there a length of time that lenders like to see before they lend to an llc?

I've also filed my personal 2023 tax returns and have those available with the STR income included.

[John Underwood]

You don't even need an LLC for one mortgaged property. Just get the correct insurance.

You can get an umbrella policy if you want better protection than a poorly setup and ran LLC will give you.