Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Legal & Legislation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago,

User Stats

6
Posts
3
Votes
Karen Tan
3
Votes |
6
Posts

What should go into a LLC for STRs?

Karen Tan
Posted

I've always heard to use LLC for an extra layer of protection and to not co-mingle funds, but how is this actually executed and what are all the things that should go into the LLC? So the property should be deeded in the LLC, or can it be leased to the LLC? Are bank accounts and insurance policies taken by the LLC? What if the STR doesn't generate positive cash flow and I need to cover from elsewhere? Should the Airbnb account be opened by the LLC so the renter is contracted with the LLC? What else should be considered?

Loading replies...