What happens when your Airbnb guest sues you—and are you actually protected?

In this episode of Cash Flow Positive podcast, Kenny Bedwell invites tax attorney and strategic advisor Anthony Brister to share crucial insights into asset protection, estate planning, and insurance—especially for short-term rental (STR) investors.

Anthony, founder of the Brister Law Firm, breaks down the levels of legal and financial protection STR operators should consider, from forming the right kind of LLC to understanding when it makes sense to consider charging order protection entities, umbrella policies, or trusts.

Together, Kenny and Anthony dissect real-world strategies for STR investors looking to protect their assets while growing their portfolios the smart way. They also share stories—like Kenny’s own experience of being sued by a guest—that bring home the urgency of getting your protection and paperwork in place before problems arise.

If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!

In This Episode You'll Learn:

• Why setting up an LLC is not enough—and what formalities you must follow to actually be protected
• How to layer your protections over time as your STR portfolio grows
• What a revocable trust really protects—and why it's about more than just assets
• How the state where you form your LLC could make or break your legal shield
• The single most overlooked insurance mistake STR investors make
• What umbrella policies do (and don’t) cover in real-life lawsuits
• How to time a deed transfer to an LLC without raising red flags
• When it's worth considering advanced tools like family limited partnerships or irrevocable trusts
• Why asset protection is about planning ahead—not reacting too late
• And much more...

Resources:

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Brister Law Firm, PLLC