Should you get an LLC for each short-term rental property? This question was the gist of a concern brought to our attention on an installment of Tax Tuesday a while back.
We felt that the question could apply to so many of you watching from home that we wanted to give it its own highlighted video here on the channel.
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So, again, should you get an LLC for each short-term rental property?
Depending on your situation, the answer may be surprising.
"Need is a very strong word here" 0:09
While someone does not “need’ an LLC for each short-term rental, there are benefits to such a practice.
Join Toby Mathis, Esq. and Jeff Webb, CPA to learn more about this subject and hear their thoughts on the matter.
Furthermore, if you are interested in hearing the answers to these types of questions, please consider joining us for our upcoming Tax Tuesday podcast.
Thank you for tuning in and remember to like, share, comment, and subscribe!
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Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#rentalproperty #llc
10 сен 2024
