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Updated almost 6 years ago on . Most recent reply

Lindley Garcia's profile image
Lindley Garcia's profile image
Lindley Garcia
  • from Corona, CA
  • Member since Mar 20, 2019
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Lindley Garcia's profile image
Lindley Garcia's profile image
Lindley Garcia
  • from Corona, CA
  • Member since Mar 20, 2019
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Lindley Garcia
  • Corona, CA
1
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Short-Term & Vacation Rental Discussions

Just got my 1st rental property - should I set up an LLC?

Lindley Garcia
  • Corona, CA
Posted

I just closed escrow for our first short term vacation rental property. Should I set up an LLC or do I just operate as a Sole Proprietorships? Need your expert advise please. Thank you.

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Ken Latchers's profile image
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Ken Latchers
  • from Hatfield, Pennsylvania
  • Member since Apr 26, 2012
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Ken Latchers's profile image
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Ken Latchers
  • from Hatfield, Pennsylvania
  • Member since Apr 26, 2012
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Ken Latchers
  • Hatfield, PA
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Ken Latchers
  • Hatfield, PA
Replied

That is not a simple question. Don't rely on forum advice. You should have a trusted lawyer & CPA on your team, even if you like the answers here. 

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