Elena has provided you excellent advise. However, it is understated. View the link below to get a better idea of what disquising ownership can cause. In additon to the community that is the subject of the video, others are sliding into similar situations and are destined to become the investor controlled.
Things may be differant in California. Here in Florida, this will alarm the managing association.
LLC are easy and low cost to maintain. However, this does not seem the solution to any problem UNLESS you are also holding the property in a trust. Time to chat with an attorney.
Your concern must be the preparations you must make now in the event you sell the apt at some time in the future. Skipping this step will prove extremely expensive when it's time to sell.
To summarize, cloaking the ownership often raises red flags warning of the bad intent of the buyer.
Take a look
Best of Success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Move to the Front of the Line