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When it comes to your holiday rental property, insurance can be one source of protection—but there’s an additional way that could lower your risk. Enter: LLCs. Holiday rental property owners are strongly advised to form a Limited Liability Company (LLC) for their business. LLCs can offer protection for your personal assets, tax benefits (for some) and peace of mind.
While short-term rentals may be an easy way to earn extra income, operating them is still a business. And as a business owner, you may want an extra layer of legal protection in place once you start dealing with customers—or in this case, guests.
To help you form your LLC without having to wade through all the legalese, we’ve partnered with ZenBusiness created a guide to LLC formation for property owners. Get the answers to common questions like:
- What is an LLC and how does it benefit holiday rental owners?
- What are the pros and cons of forming an LLC?
- How do you maintain an LLC?
ZenBusiness will show you how to simplify the LLC formation process, so you can get the coverage you need quickly and easily.