qbteachmt
Level 15
02-09-2025
01:39 PM
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"and created an LLC with address of the property,"
If it is multiple partners, you should ask if they executed a lease. A lot of people seem to be running Air B&B out of leased properties.
Or, perhaps he thought naming the LLC for the address was good enough? Bad guidance and entity formation seem to go hand-in-hand.
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