Correct me if I'm wrong but VRBO is very clunky and not very host friendly.

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members. correct accounting only and yes there are bank accounts (of course)

Keep in mind magistrates deal with MANY MANY cases involving small issues so their rulings OFTEN may not follow the correct technical application of the law.

Is this really the correct allocation of your organizations resources at this time? 

However, if I understand you correctly, are you saying it is not required to disclose it?

Asking in the correct forum will get a better response.Read the RULES!

Each of you are correct in thinking expectations were not properly aligned during the onboarding process.

Yes you are correct.

Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.

But if you bought your properties correctly, it will work out.