Airbnb, In law suite

[Grant Garbo]

Hello All!

I have recently purchased my private home in San Antonio, TX.  There is a very spacious in-law suite in the rear of the property.  I am confident that through airbnb I could bring in between $1000 to 1500 a month depending on how aggressively I work at it.  

My question is: what is the best way to set up the property within my existing LLC structures. I have other rental properties within their own LLC's and these LLC's are under an umbrella LLC. I am trying to determine if I need a separate LLC to lease the in-law suite from myself to then rent out through aribnb.

Is it even possible to lease a detached structure like an in-law suite to an LLC? Would this protect my private home should a law suit occur within the in law suite?

I am trying to protect my private home as well as separate rental income from my personal income to benefit from business tax deductions.  

Any advise and insight would be greatly appreciated!  Thanks!

Grant