For example:If a wrote up a contract between myself and the LLC for a loan on said money and the LLC was sued and forced to sell the property.

This includes:- Purchase price- Renovation costs- Closing costs (buying and selling)- Holding costsThese expenses offset the selling price to calculate your taxable gain. 

If you are doing a BRRRR the rehab for a rental you intend to hold might be different than a flip you intend to sell.

Quote from @Dina Schmid: You can sell anything you want, but that doesn't mean it will qualify for a home loan or be accepted by a building inspector. 

However, these costs can often be added to your property's basis, which helps reduce capital gains tax when you sell the home.Once the property is officially a short-term rental, subsequent repairs and maintenance would likely qualify as deductible expenses. 

Should that property be sold again in the future, the property owner would convey all rights to the buyer EXCEPT the oil rights that were no longer the landowner's to sell.

You need to make sure that your property is easily financeable if you decide to sell it in the future and any future buyer can call out non-permitted items and actually report you to the building department or, at a minimum, ask for seller concessions.

@Danielle Tran, if its not in the lease they cannot make you stop selling those products.

As a result when the brokerage acts as the listing and selling brokerage  it saves both home sellers and buyers money.

., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.