Here’s why you need an LLC
692 viewsabout 2 years ago0m 58sScore: 80
Stayly
Regulations & Compliance
intermediate
LLC Structure
Tax Strategy
Profitability
Multiple Properties
Arbitrage
Summary
This video discusses the advantages of forming an LLC for STR businesses, emphasizing limited liability and tax benefits. It highlights that an LLC separates personal assets from business liabilities, makes scaling easier, and allows for deductions of business-related expenses like phone bills and travel costs.
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