Then when you quit claim the property over into the LLC everything will be logged there. 

Contractors claim they need these funds for materials, but the reality is they are often using the money to “rob Peter to pay Paul”.

I didn't rent to Person X because they weren't COVID vaccinated and it was a bigger financial risk to me.I didn't rent to Person X because they have cancer and it was a bigger financial risk to me.I didn't rent to Person X because they were pregnant and it was a bigger financial risk to me.Notice a pattern there with regards to making illegal decisions based on the medical condition of the renter? 

Do we set a contract with a quick claim deed/renovate with cash/sell and split % proceeds?

Be sure you and the cleaners have the proper insurance and bonds in place against theft and claims of theft. 

he prolly claimed 30-40k last year, but has a business that will make well over 6 figures this year.So I'm concerned with neither of us having a big employment history refinancing might be an issue.  

A reverse mortgage company did a Quit Claim on the property and it was recorded at about 11:30 am on the same day.

Check the lender's Google reviews, ask for references, and check the Better Business Bureau if they claim BBB accreditation to see what their rating is.

Judging realtor's sales terminology in a listing versus how true it is is like wondering if every pizza place that claims to have the best pizza in NY actually does.

Will I have to pay depreciation recapture tax even I never claimed depreciation on my tax returns?