Moving to an LLC will help going forward to show the property is owned by an LLC rather than you individually.

This relationship guarantees income, as payments come directly from these organizations, not the individuals.

For example, when selling or holding investment property, individual circumstances can dictate that it’s a smart move to sell.Most reasons for selling investment properties are related to profit.

However I recommend speaking with your accountant/tax advisor before making this determination as this may differ depending on the individual and their objectives. 

Additionally, it gives you the flexibility to sell or lease the properties individually in the future.One potential downside is the costs associated with subdividing or creating separate LLCs, including legal fees, taxes, and administrative expenses.

It is always great to meet like minded individuals.

Some of the things I'd like it to do/keep track of:-Track purchase price, details of any loans, and current equity in the property as well as total portfolio equity-Track current and past rents for properties-Track total ROI for individual properties, as well as entire portfolio-Track expenses, be able to upload receipts, bills, etcAny suggestions are greatly appreciated. 

Data privacy laws like the California Consumer Privacy Act (CCPA) and Brazil’s Lei Geral de Proteção de Dados (LGPD) give individuals the right to know how their data is used, shared, or sold.

If an individual is lied to to get them to enter a contract it is a crime.

Is it in partnership OR Individual tax return?