Putting rental under LLC

[Adam Hardy]

Unique situation that I'd like advice on. I own a rental property in NC. I also co-own a rental property in AR with my business partner. He and I created an LLC for NC a few years ago when we were thinking of buying a rental property there. What issues would there be if I put MY NC house in the LLC that has his name and my name on it? Am I setting myself up for a tax nightmare? Our LLC for NC currently has no houses under it. Thanks in advance for your help.