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Updated over 3 years ago,

User Stats

10
Posts
1
Votes
Viviana Villegas
  • New to Real Estate
  • Texas
1
Votes |
10
Posts

First Airbnb, need CPA and legal advice

Viviana Villegas
  • New to Real Estate
  • Texas
Posted

I'm in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income coming in under the business at this point? Am I able to file a schedule E next year if I am receiving income as an individual?

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