My CPA's main concern is IRS audits, and how do I explain what I did.When I had the triplex, I had a real head scratcher.

Basically, using the LLC is good practice to get into and helps immensely with keeping your books straight in the event of an IRS audit.

Account Closed, Doing a quit claim on either side probably isnt necessary or advised - if for no other reason than an inexperienced field agent in an audit could possibly try to claim that you were changing the tax payer to avoid tax. 

You may get audited and the IRS may call a foul and hit you with a claim for the capital gains. 

In fact during my 2 iRS audits (2010, 2011) the (documented) high mileage deduction came up, but was allowed.

The letter then talks about the risks of using a discount broker, all the ways the agent can net the homeowner as much or more than a discount broker, makes an irresistible, completely risk free offer for a “Free Home Audit” and a “Free Special Report”.The agent also uses a few great testimonials and statistics about their success (proof).

on both MF and SF business models  and have participated in MF road trips (both educational and acquisition trips) and participated in due diligence for other members (lease audits, unit walk-throughs) and have met with various lead investors to pick their brains. 

Quote from @Mike Hern:Today during my audit, by the nice man at the IRS (I filed an amended and requested a refund ;-) I am full time real estate with no W2 income.Anyway, he said "Since I am using a Non Passive Single Member LLC to buy properties, sell properties and manage rentals, I should be putting my properties on Sched C, subject to self employment tax instead of Sched E.

Please,  prove me wrong  with long term audits.  

I'd rather not audit past activities to 17,000+ posts to see!