@Felicia Nitu- Hopefully investors can figure out how to create new housing under SB 684. 

.🚫 “Common enterprise” concerns – If a single management LLC collects rent, signs leases, and maintains properties for all series, a court could argue there’s a shared enterprise, which might allow a plaintiff to target all series under one lawsuit.Better Alternative for Asset ProtectionA stronger structure that provides better legal separation and lawsuit protection is:1️⃣ Each property in a separate traditional LLC – This ensures clear separation and prevents legal issues with the Series LLC’s untested structure.2️⃣ Asset Management Limited Partnership (AMLP) – The LLCs should be owned by an AMLP, which acts as a liability firewall against creditors and judgments.3️⃣ A Bridge Trust® for maximum protection – If a major lawsuit occurs, the AMLP can be held by a Bridge Trust®, allowing assets to move offshore if needed.4️⃣ An operating LLC to handle management – Keeping rent collection and property management separate from ownership limits liability exposure.Why This Works Better:✔ Legally tested – Traditional LLCs have clear case law backing their liability protections.✔ No “common enterprise” risk – Since the AMLP, LLCs, and operating entity are legally distinct, it’s harder for a court to collapse them into one entity.✔ Protection beyond LLCs – If a major lawsuit occurs, the Bridge Trust® moves ownership offshore, making it extremely difficult for creditors to seize assets.Final Takeaway:A Series LLC has too many uncertainties for serious asset protection.

Hi Christine.My clients that can pursue $900k - $4M SFH purchases in Sedona are getting great returns, and typically perform in the top 10% of the STR market.Unfortunately, the under $800k zone is not performing.

The IRS has strict prohibited transaction rules under IRC Section 4975, which prevent the IRA owner from personally benefiting from or interacting with the IRA asset.

If you had kept it under your name, you could sell it (depending on when you last lived there) without incurring capital gains tax.

I don't want to refinance because my current rate is under 5% and doing so ruins the cash flow I've got right now.

But all scenarios point to this not being profitable.In all scenarios under the column "Profit if held for..." none return your initial cash invested.At 100% coverage you're spending $64,300 and at 70% you're spending $99,300.

I currently have 3 properties under an LLC and I'm in the process of finalizing a mid term rental but it will not be under the LLC(separate bank account).

My pickup was under my insurance for personal use but when I added the cargo van, I put it down for business use.

And, if the taxpayer is wrong and there would be no person who would ever lease a project under construction (which I doubt) at least the timing adjustment goes the safe way for the taxpayer.