Hi Tomas,
Sorry for the confusion. Let me clarify.
I have two instances of a single illustrator graphic of a very basic shape along with an AE text object, all inside of a pre-comp. I found that the AE text object was the source of the problem.
When I highlighted the AE text and selected “create shapes from text”, AE completely stopped crashing when I enabled or disabled collapse transformations continuously rasterize.
The font I am using is Neuville purchased from Myfonts.
What I can do is try to create a new project, using the same font and assets, see if I can recreate. Then swap out the font to see if I can reproduce.
At least I found a solution and if I find it is occurring again, I definitely will come back to upload this thread.
Thank you again for your time.
Laith