STR, LLC or no LLC that is the question

[Isaac Chun]

Hi guys and gals,

I'm contemplating doing Airbnb arbitrage in my area. Just to be clear, I'll be leasing apartments and homes to host Airbnb guests. I am not clear on if it is necessary or perhaps advised to start this off by using an LLC to put all my leases under and funnel the rents through for added tax benefits as well as liability protection.

Let me know what you’ve experienced or heard. 

[Isaac Chun]

@Chuck Kramer

Thank you for your input. I may just consider approaching this as a sole proprietor under a DBA company name without the additional entity. Though I would be sure to carry a fair amount of liability renters insurance to cover most of potential negative situations that could hurt my personal finances.