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We have considered an LLC. The issue being it has been difficult finding an insurance company to insure this property because the owners are 5 individuals who are non-related. Any help is appreciated.
It was already a non-profit entity when we purchased shares. We would be changing it, but what entity would be the best fit (sorry if this was unclear)
Oregon
We own 4/6 shares of a beach house, with 2/6 owned by 2 different unrelated families.
It is currently have it set up as a non-profit, but we want to make it a vacation rental. Can we do this as a non-profit or do we need to change entities?
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