"piercing the corporate veil").Instead, you might want to speak with a real estate attorney or entity structuring specialist who can help you set it up correctly.

Quote from @Pierce Meyer: Quote from @Melissa Nash: Quote from @Bryan Hartlen: We're in the process of moving at least one of our SFR units to a new PM. 

If the mortgage is in your personal name but the property is owned by the LLC, have you pierced the corporate veil? 

.🚫 Piercing the veil risk – If formalities aren’t followed precisely, a court could collapse the series into one entity.🚫 “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.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

There are certain proptech companies that can pierce the LLC veil if you look around hard enough... some will even provide you with the individual most likely associated with decision making for the LLC. 

I fully understand the "asset protection", "piercing corporate veil", and "commingling funds" part and that I won't have the protections offered by the LLC.

If you don't change the insurance, the new owner of the property would be uninsured altogether.If the loan is in your name, and the the property is owned by an LLC, then that LLC offers no protection as the comingling pierces the corporate veil.

The general legal advice I have received on this topic is that the corporate veil is very easily pierced in many states in circumstances such as these.

Did your LLC do a cash transaction and actually buy the property or did you just transfer it (this can get pierced like hot butter)So the answer is it depends.