I'm working with a real estate attorney to help me with transferring the deed.

Do you get unlimited transfers with Wealthfront? 

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.

@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.

Like @Ashish Acharya, said there is no holding period and if you're transferring into a disregarded LLC holding period isn't relevant. 

Thanks in advance, IrisHi Iris,I ended up transferring ownership to the LLC and didn't have any issues.

When a lease ends they’ll suggest new rents and if the tenant hold be offered a renewal. some will offer to transfer utilities for you when it goes vacant, all should handle the transfer when a tenant moves in  With 10 properties I don’t “talk” to my PM more than 2-3 times a year.

My CPA isn't well versed in 1031 exchanges and I want to know the effect of transferring title back to our names from a tax perspective. 

They can really throw off your numbers if you are not familiar with a citys transfer tax, and fees.

Show the bank the first couple of transfers into your account and if the those transfers are expected to continue for at lease the next 3 years, the bank can use that $5000 as monthly income which can help you qualify for a loan to buy the yacht of your dreams.