I would speak to your tax advisor on ways to potentially avoid this.

Navigating the legal landscape in real estate can be complex, and finding a trustworthy legal advisor is paramount to the success of any transaction.Thank you in advance for your guidance and support!

(i) The term "Insured" also includes(A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs,devisees, survivors, personal representatives, or next of kin;(B) successors to an Insured by dissolution, merger, consolidation, distribution, or reorganization;(C) successors to an Insured by its conversion to another kind of Entity;(D) a grantee of an Insured under a deed delivered without payment of actual valuable considerationconveying the Title(1) if the stock, shares, memberships, or other equity interests of the grantee are wholly-owned by thenamed Insured,(2) if the grantee wholly owns the named Insured,(3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliatedEntity and the named Insured are both wholly-owned by the same person or Entity, or(4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by theInsured named in Schedule A for estate planning purposes.

It may be worth speaking with a different lawyer or financial advisor to get a second opinion and weigh the pros and cons of each option before making a decision.

My wife and I previously owned real estate in our joint names in both Florida (where we currently reside) and in Virginia (where we previously reside)Following ur research and some legal advice, we established two trusts (one in each of our names) and also two LLCs one for all the properties in Virginia and the other for all the properties in Florida.We have deeded all the properties in Florida into the Florida LLC, but we have not done so yet for the Virginia LLC.

Therefore, it really depends on where you want to visit, establish community, maybe and easier travel experience such as direct flight.  

Consulting with real estate professionals and financial advisors can provide personalized advice based on your specific situation and market conditions.

However, it is crucial to consult with a tax professional or legal advisor to ensure that you are following all laws and regulations regarding depreciation and ownership transfers.

Once you establish yourself as an investment realtor, repeat business will become a significant part of your business.

Regarding using funds from your LLC property business, you'll need to consult with a tax advisor to understand the implications and any potential issues with this approach.