What issues would there be if I put MY NC house in the LLC that has his name and my name on it?

(other issue was a leaky toilet we took care of, at our expense).  

Looks like the founders are trying to raise funds for their legal fees. http://www.gofundme.com/nwaclubLegit or not, I've deciding to pass on it. 

With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.

RESOLVE this issue NOW and make a clean break. 

Isn't it unlikely that a homeowner who cant afford a 2-3k tax bill would even challenge this legally?

Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.

It's definitely one of those issues that is very specific, and would need to be worked out with Planning.

I doubt if you'll have any issue with your hold period since it is all about your intent anyway.

One common approach is to form a legal entity, such as an LLC, where both of you are equal partners.