Best way to own rental property in Mexico?

[Christian Pulido]

Hi All,

Scenario:  

- purchasing a piece of land intended to be developed and run as a rental property in Mexico.

- purchaser is a bi-national MX/US, California resident

- development will have multiple partners (some family members others equity investors. Both family and investors are Bi-national, and or US or MX citizens) 

Questions:

1) What is the best way to own the property?

- current plan for you to poke holes: LLC in CA owns S de RL (mx equivalent of LLC) in Mexico, S de RL owns land.

2) What are the benefits or drawbacks of having partners of US LLC also partners of the MX S de RL?

3) Which co. Should investors own shares of? One/both? Either or dependent upon nationality? 

Thanks all!

Cp