@Dave PrickenA  joint-venturer or business partner with more than 10% control or stake in profits is considered to be a disqualified party to your IRA. 

Quitclaiming the property to your LLC owned in your name - and the name of your spouse if you purchased the property as joint owners (read my previous post above) is only part of asset protection you want to pursue.Yes, "Sam the human" pays the mortgage, not Sam the LLC - but understand that Sam the human is the person who's name is on Sam the LLC's bank account as an authorized signatory as Sam the Managing Member.  

You need joint compound. 

Hello,My wife and I jointly own a rental property that we report on our Schedule E.

U just need a set fee.just like when realtors or wholesaler want to sell low value assets they put a set fee on it.so take a 40k loan how can anyone stay in business at 2 points and few set up fee.s  that not much more than 1k.. and if the loan went bad you would be out a ton of money..  

All,As you can probably guess, I am looking to close my first investment, but don't have proof of funds nor liquidity to put down an earnest money payment. I have significant experience in the syndication space (my ol...

you don't have any expenses itemized so I don't know your U/W but when I see a property with outsized gains, for no apparent reason, then I know the reason is offset by appropriate increased risk.

but the answer can varie depend on the price u got it. sound like a lot of cap ex need attention   THE MOISTURE is moore  concerning wath if tenant learn that he as been living around moisture for 6month or wtv.

@Enzo Pazos: just sent u a pm.

Just reading an article today in the wsj: https://www.wsj.com/articles/u-s-existing-home-sales-dropped-in-september-1539957950?