Pros/Cons of an LLC for airbnb property in distant city?

[Frank46]

Greetings,

I'm interested in purchasing a property to airbnb that is located across the country. It will be a 2br /2ba. I have a property manager. I was curious, is it more hassle to put the property as an LLC? Or do the pros far outweigh the cons? Thank you for your time!

Best,
Frank

[Leslie0]

It's always a hassle to try to manage any property from a distance even if you have a property manager. I don't recommend it.

[Mic-and-Leeah0]

Why would you airbnb it vs. owning it as income property - meaning renters who have a lease or stay a minimum of a month at a time. As far as I know, (but I am not an expert) anywhere across the US, buying a private home and turning it into a short term rental property is illegal - LLC or not. If it is a cabin in a resort town that might be different. I would ask an accountant and a lawyer to find a solid answer.

[Lisa107]

This is the reason that Airbnb is getting so much grief from the city and why they are proposing new laws to regulate everyone who homeshares. Please, do us all a favor and rent out your property to regular long-term local renters.