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Hi all,
I am getting ready to rent out my primary residence on Airbnb and do some traveling. There are no mortgages on the house. Assuming the house does well on Airbnb I will probably keep renting it out and buy another house for myself in a different part of town. Apart from my primary residence, I also have a property in my city that has two Airbnbs. That property is in an LLC that I created for it.
Should I transfer my house to my LLC? If so, should I wait to see how it does for a few months before transferring it? Would it be better to put this house into its own LLC or is it not worth the hassle of dealing with multiple LLCs?
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- 1 year ago
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