Hello, I bought ten properties for me and two investor and used my LLC as this was a package deal six properties belong to me, the other four devided amonst two investors. My accountant insist I must have documents outlining the terms of the money (Loan) they gave to me to purchase this deal. I do have a document each signed stating which properties each paid for (paid towards) and also stating that rents would be interest only payment to them further the properties would be transferred to the investors at the end of a year. This would effectively satisfy their entire loan amount to my company. My problem is this, how do I transfer ownership to these owners, by quit claim for $10 or actual cost each paid for the property in the deal? I'm not worried about capital gains as there will be no profit for me in the transfer. Also each month after removing my management fee I transfer rent and property expenses to the investors. One of them insist I pay them the entire amount then he transfer the fee back. Both insist they own real estate and have LLCs that I send the rents to but actually they don't as I'm the one who owns all these properties in my LLC. There are many moving parts here I know so I welcome any advice on how to transfer the properties to my investor and how to best class the rents I give to them, in my taxes. Either as interest payments or 1099 expenses? I wrote this on my phone, I'm in Miami still without power after Hurricane Irma so forgive my error of grammar/punctuation, I'm hot and can't sleep. :-(