Minneapolis Lawyer familiar with elderly asset protection and RE

[Jon Loca]

My father and I purchased a property 2 years ago cash. At the time of the purchase the property was deeded solely to his name. I would like to now transfer the deed to an LLC, in my name, while doing a cash out refinance so my dad can pay some of his bills. I know their is a plethora of legal and tax concerns. I'm looking for someone who can help navigate this territory. In the end I would like the property in an LLC owned by me without implicating a tax "gift" and I would like the new debt to be an expense to the rental property. Any suggestions or contacts would be much appreciated.