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Updated 1 day ago, 12/23/2024
LLC Question - Do I include Co-Signers on LLC?
Hi everyone I need some advice.
I recently purchased a home to Airbnb and my parents are "Co-Signers" on the house. If I open up an LLC do my parents names need to also be on the LLC? I've read everywhere that they do not.
Can someone explain which one is the correct choice and if any extra taxes are involved if they need to be on the LLC? Thanks