Llc Property Ownership Guide

Summary

In Florida, owning property under an LLC can provide liability protection for short-term rentals. The mortgage can be in your personal name, but some lenders may require it to be under the LLC. Florida LLC regulations include filing Articles of Organization, creating an operating agreement, and submitting an annual report.

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In Florida, LLC regulations for property ownership include:
- Formation: You must file Articles of Organization with the Florida Department of State.
- Operating Agreement: It's advisable to create an operating agreement outlining ownership and management.
- Annual Report: Florida LLCs must file an annual report with the state.

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