Series LLC vs LLC

[Natasha Onochie]

Hey BP Community!

Super excited — I just closed on my first investment property (in Mexico)! I’m still in the process of finding a solid business/tax attorney, but figured I'd ask for some advice here in the meantime.

I've seen a lot of investors recommend setting up a separate LLC for each property. I recently learned about Series LLCs too, and it seems like it could be a better long-term setup for me. I already have an LLC that I formed last year with the goal of using it for real estate investments. Now I'm thinking about converting it into a Series LLC.

When I bought the Mexico property, I purchased it under my personal SSN through a fideicomiso, as required under Mexican law. Now I'm wondering — should I transfer the ownership into my LLC? And if so, what's the best way to structure that (especially with the international piece involved)?

Would really appreciate any advice, experience, or things to watch out for!