It can be profitable and can also make a positive contribution to the community!

This doesn't seem right to me.Also just by using the price per sqft for the comps I feel like there's many other factors that could contribute to the market value.If my realtors are wrong, what should I do?

So, I can "coat-tail" on some of their learning, and perhaps contribute some of my own.Thanx again...

Contribute the property to a Charitable Remainder Trust.4.

I am excited to learn and contribute , Look forward to working with you all, Thank you

In fact, not only will they buy me the house (paying the mortgage) but they can pay for my retirement contribution, purchase me a new car, pay for my annual vacations, my medical insurance, my kids college tuition.

Since we are selling it to the LLC and/or transfering it (as a capital contribution) Would basis be FMV or adjusted basis considering depreceiation? 

If so, it would be a way to insure that I am not over contributing to a 529 plan if she is able to get a scholarship and also a way to reimburse myself for the rental property using tax free money.  

I look forward to working with the BiggerPockets community and want to contribute back as much as I can!

I will do this using a member resolution stating I contributed 20 percent and my wife 80 percent as that's how the ownership split works.