transferring property between LLCs

[Donald S.]

So I see the question of transferring a property to an LLC has been asked about 10k times, but this is not that.

My business partner and I are under contract to buy a SFR under the LLC that we do flips out of, but due to some economic reasons we decided it would make a better long term deal. So we want to see what tax/legal implications would exist if we closed on the house in our flip LLC, did the rehab, 'refinanced' the house into a traditional 30yr in our personal names, and then transferred that into the trust that holds our rentals?

Now I put refinance in quotes, because I'm not sure it would even be considered a refinance since we would be transferring ownership from our entity to our natural persons. Due to timelines and for simplicity sake we don't want to amend the purchase contract to be our natural selves, so what would be the most tax and legal advantageous way to do this triple transfer? As this is a multi-member LLC, are we allowed to quit claim the property to our persons and refi from there? Or would it be better/possible to "flip" the property to our personal selves?

Cheers!