• February 2019
    M T W T F S S
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I would like to start a property management company with my partner for my Airbnb property, what are tax efficient company structures?

What are the goals for your business? This is the largest factor to consider when deciding how to incorporate a business. I typically see property management companies form as a limited liability company (LLC). LLC’s are great if you want personal liability protection without all the formality and paperwork. It’s very easy and cheap to set up too. There are also some publication requirements in most states, but if you’re looking to raise capital from professional investors this might not be the best structure. If that’s the case then other options include a S-Corp and C-Corp.

If you’d like some sound legal advice from a business attorney then stop by LawTrades. We are a legal platform that connects companies with affordable and experienced attorneys. We offer flat fee pricing and free initial consults. Good luck with your venture!

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