Investors & landlords

The old partnership still exists as a multi-family property partnership.  The property that was transferred was a single-family unit that was moved to a new LLC that will only have single-family properties in it. 2019 set up was #1LLC with a multi-family unit and one single family unit.  2020 set up #1LLC with the multi-family unit and #2LLC with 2 single-family units, one of which was transferred from #1LLC.