Chapter S Properties Transfer to LLC's

[Bruce D. Bolton]

I currently own rental properties through a Chapter S corp. To add a layer of liability protection, I'd like to transfer or deed my rental properties to separate LLC's and make my Chapter S a management company (for the LLC's I would form and deed out of it.
Question 1:  Is this move going to subject me to a bunch of taxes?
Question 2:  Will having this "double layer" of liability protection (the management co. and the LLC's) truly provide more protection.

I'm in Minnesota.