Vacation Rentals Guide

AVS asked:


I have an online side business which is set up as an LLC (I am the sole owner/sole employee). If I purchase the vacation home I may use it for rental income. Should I buy it under my business name or my personal name?
I would think the business name 1. to save taxes (small biz taxes are a killer) 2. Liability reasons.
Are there any drawbacks in setting it up in the business name?

Kelly

babyblueangel_30 asked:


Im looking for a vacation rental in the long beach wa or seaside oregon area, beach front, and has room for A LOT of people. Any ideas (and please don’t say “google it” cuz i have)?

Jamie

Clae asked:


I have a Sheratin Vacation Resort Timeshare and I want to sell it now? I’ve heard so many horror stories about companies that claim they can sell your timeshare but they want hundreds of dollars upfront. What do I do?

Theodore