Do THIS if You're Putting Your STR Up For Rent ☝️ #shorts
Summary
The speaker recommends putting your STR property into an LLC to protect your personal assets in case a renter is injured and sues the property owner. The speaker finds this information by following Avery from The Short Term Shop, who has been investing in Airbnb for over ten years and has helped over 5,000 people buy and learn to manage short-term rentals.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM