I’m guessing that is because of your pessimistic view on the economy right now, but even if the markets dip temporarily, based on history, they will rebound to even higher points (I know just cause it’s happened before doesn’t guarantee it will happen again).Personally I have a successful business, but opted to diversify into real estate because my industry is heavily regulated and one change of a law could make me MUCH less profitable.

In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.

Real estate agents are not highly regulated in Costa Rica as opposed to North America.  

It’s also worth diving into local regulations and HOA rules—they can shift quickly in coastal markets like this.

That doesn’t go unnoticed by regulators.

This is a complicated situation with multiple layers to consider, so here’s my take based on your questions:If you’re looking to move assets from the partnership into individual LP (Limited Partner) names while avoiding capital gains, you’ll need a strategy that complies with tax regulations.

Let's check the Regulations 1.21-1 which clarify Section 21.

By incorporating in another state, Roofstock can somehow go around certain rules that carefully regulate brokerage activities carried out by local brokers in some states. 

Do you have that information based on experience and knowledge of banking policy or is there any law/regulation about it?

Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen?