We took loans under the individual name rather the LLC, would moving under LLC trigger a sale on paper?

I’m currently leading a luxury condo project in Cabo San Lucas and looking to expand my knowledge in real estate syndication.I’d love to hear from experienced professionals about:✅ Best practices for structuring a successful syndicate✅ Key strategies for raising capital effectively✅ Navigating the legal and financial aspects of syndication✅ Lessons learned from successful (or even challenging) syndication experiencesI’m here to learn and connect with like-minded individuals who have expertise in this area.

Once you go to 7 beds or more there are much stricter facility requirements, including but not limited to, fire suppression systems, added points of egress, Individual Response System, and much stricter staffing ratios. 

And I have had two potential opportunities "fall into my lap" that involve inherited properties that need major remodels to be able to compete in the MTR market. 

Hi @Emma Hustis, You are acting as a principal and assigning your entity's right to purchase to another entity or individual.

Good post.We use a competent SEC attorney that creates all our docs and does the state filings. 

Additionally, managing series LLCs can be challenging, especially when it comes to opening bank accounts or handling titles for individual cells, which can create unnecessary complexity.

The LLC will file a partnership tax return (Form 1065) and issue K-1s to each partner, with income split 50/50 and reported individually.

Is it beneficial to create individual LLCs for each rental property?

With the exception of a few states, the individual cells within a series LLC are not filed with the secretary of state.