Under "Start a Business", choose "Limited Liability Company" and follow the directions.

For property management, choose a company with a good track record in STRs and transparent fees.Happy to connect with anyone looking to share insights!

I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.

If you'd like to chat more... maybe swap some stories over a decent cup of coffee... just say the word.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Are you currently self-managing or do you have a management company?

@Jason Brown - I'm a CT based investor, flipper, and property management company owner.  

.- but the company he bought it from still gets paid.He has to pay for advertising, whether it works or not.- but the advertising company still gets paid.He has to pay for accounting services, payroll services, tax services, legal services, etc.- they all get paid whether he makes money or not.So, what's your point?

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

I would definitely look into seeing if there are any AirBNB arbitrage companies operating in the area that may be willing to take it on. 

If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding.