Trasfering Ownership from a C-corp to to an LLC

[Wilson Lee]

The USA is a litigation happy country.  I do my best to limit my exposure to this wild west style lawsuit culture we have.

I am starting to flip properties but, for the last few years I have purchased rentals to hold. I am holding them in a few LLCs that are pass through entity for taxes. My property holding LLCs are groped up and owned by one LLC which my spouse and I own in-turn. (holding company)

I am setting up a C-corp to filp out of. I want a C-corp to keep my schedule E cleaned up to be attractive to lenders, I want that extra w-2 income form the C-corp. I am isolating each deal inside of it's own LLC owned by my C-corp. After the flip is successful, I am dissolving the LLC to stop a 3rd party form coming back after the sale with some crazy lawsuit.

The problem/question I have is. Should a flip project turn in to a flop!, I want to hold it as a rental. Call it a plan 'B' exit strategy. However I don't want to hold a rental in a C-corp. Passive income don't mix well with C-corps. What is the best method to get that property out of my c-corp and into a flow through LLC? I want to avoid changing Title. Title change triggers reassessment by the tax office. It makes chain of title messy for title insurance. Many lenders don't like Title changing hands rapidly.

I never had a C-corp before so I don't know, Can i simply assign interest in the property holding LLC out of my C-corp and to my main holding company. Or is there other things to consider?