02-27-2025, 11:15 AM
Hi, I am in process of acquiring a new property for sole purpose of STR in AirBnB and VRBO. My agent recommended me to do an LLC and have the title under LLC name. I will still get mortgage with my guarantee and get individual rental property mortgage. They are saying it's better for legal protection as I can run it under the entity now and keep accounts clean vs my personal. Any advice on this? Is this really useful or is my agent just telling me something to close the house?