Talk of The Villages Florida - View Single Post - House is being rented, and our VillagesIDs are forfeited
Thread: House is being rented, and our VillagesIDs are forfeited
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Old 11-28-2023, 09:33 AM
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tophcfa tophcfa is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
We are slumlords of TV, having bought in 2019, closed in 2020, with the house being rented in an LLC, not AIRBnB.
Just curious, why rent home in an LLC? Is that a vehicle that limits your personal liability, especially if you include a golf cart with the rental? If you stop renting the home, is it easy to dissolve the LLC and convert ownership to yourself and Coach K?