Watch This Before Buying A Vacation Property

24.3K viewsover 1 year ago5m 39sScore: 93

Corporate Direct

Regulations & Compliance
beginner
LLC Structure
Insurance
Local Regulations
Tax Strategy
Hiring

Summary

This video provides a five-point checklist for anyone considering buying a vacation rental property. The expert from Corporate Direct emphasizes the critical importance of legal and financial due diligence, covering topics such as forming an LLC for liability protection, securing proper vacation rental insurance, hiring a local property manager, thoroughly researching local regulations, and consulting with a CPA about tax implications, including the Augusta Rule.