In general,LLC will provide basic asset and liability protection and allow you to get its own bank account, where you can receive money, pay expenses and distribute profits.

It's standard coverage for claims against businesses that provide professional services — like property management. 

We modeled out at various nightly price points using 50% occupancy and the property would likely provide a nice return.

If there is a lawsuit or claim, the claimant's attorney, as well as the claimant's insurance (such as the insurance provided by Airbnb/VRBO), will look to prove and demonstrate your liability in the loss.

Hi John, Real Estate Websites and Platforms: Websites like Zillow, Realtor.com, and Redfin can provide a wealth of information on current listings, recent sales, and market trends.

Hey Kyle,I'm not sure about the listing, but a few things to consider would be to offer virtual tours or video walkthroughs of the property to provide prospects with a comprehensive view of the space, especially if in-person viewings are limited or not feasible.

I don't ask for SSN and also personally have never provided/been pressured to provide them myself when I used to rent, and honestly don't want to open up liability for having to keep someone's SSN either.

If you are working in the HOA and spending time that is integral to the earning of monies for the rental properties, these extra hours managing managers, educational hours, reviewing financials etc should count.

Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?

However, she still has not signed her lease and I think she is doing it out of spite to provide a feeling of control, IMO.