I formed an LLC... Now what?

[Ethan12]

I created an LLC at the recommendation of my accountant to protect personal assets while Airbnb-ing our tiny house property. The LLC has its own EIN and Airbnb pays into the business checking account set up for it.

I tried to add the LLC details to my Airbnb account following Airbnb's instructions, but couldn't. After much ado with support, it was determined that because I don't live in the EU, I can't add business details to my account. 

"Since your Country of Residence shows as United States(US) and it's not a part of the European Economic Area (EEA), that's been the reason why your are unable to see that option."

The tiny home property is still owned by me, not the LLC. The insurance policy I have for the tiny house property is in my name, not the LLC. If the tiny house is owned by me, does it make sense to keep the insurance in my name?

What are my next steps?

[Bhumika]

Hello @Ethan12 ,

I have moved your post to a wider board for better visibility! I hope other members notice it and provide some really good suggestions to you!

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[Lorna170 · Accepted solution]

@Ethan12   You may want to talk to your accountant again and possibly an attorney.  Our property had to be deeded over to the LLC to protect our separate personal assets.  As the primary member of the LLC and bank account, I can hold the insurance policy for the "named" property.  

[Ethan12]

Thank you, that's really helpful.