Sole Proprietorship vs LLC vs Corporation for your Airbnb Business

8.8K viewsover 6 years ago13m 39sScore: 80

Short Term Sage - Airbnb, Vacation Rental Host

Regulations & Compliance
beginner
LLC Structure
Tax Strategy
Bookkeeping
Expenses
Profitability

Summary

This episode of Vacation Rental Machine covers the legal structure of an Airbnb business. It discusses the pros and cons of operating as a sole proprietorship versus forming an LLC or corporation, focusing on tax implications and liability protection. The speakers recommend consulting with a tax professional or accountant to determine the best fit for your business goals.