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A Short Term Rental (STR) Forum Community

How many hosts actually use an LLC?
javier1990
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Junior Member

Posts: 17
Threads: 1
Joined: Jan 2024
#6
02-25-2024, 10:10 AM
My tax adviser who used to be a partner at PwC said it wasn’t useful from a tax perspective. Even if I had an LLC my income is considered passive so I cannot write off more than I make. From a legal perspective, possibly but I already have a good insurance policy for short term rentals.
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Messages In This Thread
How many hosts actually use an LLC? - by WillyWilkes - 02-25-2024, 01:02 AM
RE: How many hosts actually use an LLC? - by xiaoxiao - 02-25-2024, 06:02 AM
RE: How many hosts actually use an LLC? - by Smilez - 02-25-2024, 07:04 AM
RE: How many hosts actually use an LLC? - by alankane - 02-25-2024, 07:07 AM
RE: How many hosts actually use an LLC? - by Ursa83 - 02-25-2024, 07:10 AM
RE: How many hosts actually use an LLC? - by javier1990 - 02-25-2024, 10:10 AM
RE: How many hosts actually use an LLC? - by Annabell1990 - 02-26-2024, 08:10 AM
RE: How many hosts actually use an LLC? - by orbitmic - 02-26-2024, 10:10 AM
RE: How many hosts actually use an LLC? - by the810 - 02-26-2024, 12:10 PM

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