Developed RV Lots
Good Morning…I have a couple of questions.
1. Are RV lot rentals treated the same as rental properties
2. Should I do an LLC or Sole proprietor for rental properties?
thanks for your help…
Thanks for your question. Unfortunately, I’m not that familiar with RV rentals but there are generally some differences between them and rental properties since you can lease the land the RV is on or own it. Generally, an LLC is recommended for rental properties to protect your personal assets from claims and as a way to keep your rental funds separate. However, I suggest you speak to a real estate attorney for more information specifically on RVs.
Best of luck,
You must be logged in to reply to this topic.
Not signed in?
Sign in to participate on our website!
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.