Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?

Further, it probably would also require the ability to “reposition” the property to have the below market value you seek.3.

Fees:The Set-Up Fee is $50The IRA Annual Fee is $275 (flat fee regardless of the number of assets & regardless of the account value)The Direction of Investment fee is $10**The Wire Fee is $15See our fee schedule for Crypto-currency feesPlease refer to the fee schedule to see metals storage costs.

You can guess what the value is now on those same properties they still own.

My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.

Value your money more. 

The property value must be a minimum of $250,000 USD, and the credit score requirement is at least 700 points, among other conditions.

I wasn’t looking to add value or find something off-market because the time and effort just didn’t seem worth it compared to focusing on my career.

Generally speaking, Boston proper is an appreciation market (low cap rates) unless you have a solid value-add play.

To me the value in diversification is that it helps nudge you to look for other opportunities and revenue streams where you might otherwise just be content to stay in your lane and then you'd never find anything new.