Should I Make My Vacation Rental Property an LLC?
If you’re familiar with Uber, Airbnb, DoorDash, or Care.com, then you’re already well acquainted with the gig economy. This emerging phenomenon has gained a lot of traction in recent years as many people decide to make extra cash in new ways like food delivery or vacation home rentals.
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To many people purchasing property in Portugal, either as a holiday home or as a permanent residence, can seem fraught with difficulties. You are in a foreign country with a foreign language, foreign laws, taxes and customs, and will rely heavily on your legal advisor or the sales agent to guide you.
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