Landlord Tips: Expert Advice for Short- & Long-Term Rentals

It seems pretty straightforward. You want to make a little extra money, so you put your home up for rent on Airbnb while you're on vacation. But what liabilities do you face in doing so, and how can you protect yourself with one easy phone call? It also seems like a simple process to self-direct your IRA and place your rental property in a checkbook LLC. It's a good way to protect yourself as a landlord, but there are things you must not do if you don't want to put your entire IRA at risk. We'll be discussing these and more on today's show. Eric Nixdorf is one of the few real estate attorneys in the country who specializes in tax law, bankruptcy, and real estate. He's also a real estate broker and an investor himself.  It's been a long time since we spoke, and since I love getting free legal advice, I thought I'd invite him back as a guest. Short-term rentals Long-Term rentals Landlord liabilities Airbnb liabilities How to rent your home Airbnb tips for hosts How to Airbnb your home Airbnb safety for landlords Legal tips for Airbnb hosts