Seeking opinions on tax and LLC strategies for overseas investment property

[Ruben Rodriguez]

I'm an American citizen closing on a Riviera Maya property in the next few months. It is a lifestyle purchase, meaning partly for personal use and partly for short-term rental. I plan to get dual citizenship (U.S. and Mexican) before closing, so I can close purchase under Mexican citizenship (the property is within a few km of the coast, if that matters). I'm wondering if anyone here has an opinion on strategies for taxes and asset protection. After closing, I'm considering creating a U.S. LLC and transferring ownership to that, or creating a Mexican or overseas LLC and transferring ownership to that, or leaving it under my name under Mexican citizenship and not an LLC. Any thoughts on pros and cons of these options? And are there any strategies I'm overlooking? Appreciate any thoughts in advance.