The best way is for both partners to contribute labor equally and then you disregard the labor.

Please disregard 

If you have already bought the laminate, then obviously disregard, don’t want to stress you out, but if you haven’t, you might look into LVP.Be sure to take lots of pics as you go and post! 

Try explaining that your partnership LLC is now a disregarded entity because this year it is a single member entity with a new entity as owner.  

In that way, the member managed LLCs are considered disregarded entities, and so I would only need to file 1 (I believe, Federal) tax return.

And for tax purposes, the LLC is disregarded and the rental income and expenses go on Sch E of your personal tax return. 

Disregarding some of the post that you received concerning drug use there are a lot of high-end areas in the Poconos near the Mount Airy Lodge which is super expensive and a big draw because of the casino.

I don't know if the rules have/haven't changed, but I would suggest you do some research and disregard the answers from 3 years ago.

Disregarding appreciation due to time passage, the CAP rate moving from 5% to 7% is going to bring the property valuation down by ~29%, unless of course one manages to increase the NOI.

If single-member disregarded or spouses in a community property state disregarded, the IRS doesn't really care much about whether part is in the LLC and part isn't.