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1 contribution to 🏠 Lower Taxes w/ Ryan
Who should own the STR
Hi everyone! I’m new to the STR world. Like most people here, we’re trying to reduce our taxable income from our W-2. We just went under contract on a Duplex in Florida. My question is, who should we have own this property….our LLC, one of us, both of us (me and my husband) or a trust? What provides the most protection and doesn’t create any tax issues?
0 likes • 5d
@Ryan Bakke, CPA Thank you!
1 like • 4d
@Ryan Bakke, CPA one more follow up question. Should it be a single member LLC or jointly owned LLC between my husband and I? If single member, which person do we put as the single member?
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Lori Reinke
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3 points to level up
@lori-reinke-2524
Soon to be 1st time STR owner!!

Active 3d ago
Joined Oct 1, 2026
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