I could understand refinancing if there is equity that can be tapped into but I wouldn't refinance in order to transfer the property to an LLC.

If you are looking to acquire the other half, there are ways of doing the transfer that minimize capital gains tax for you mom. 

I would like to take title on the DSTs as an individual and dissolve the LLC for simplification purposes.Options seem to be:1) Take title as individual on replacement property2) Take title as LLC on replacement property, then transfer to individual later3) Take title as LLC on replacement property, maintain LLC indefinitelyAppreciate advice from anyone experienced in this matter. 

Who’s paying the transfer taxes, title insurance, property taxes, etc etc. what if you don’t net enough to pay realtors commissions and your realtor commissions does your dad take the loss?

It's best to delead when the units are vacant to avoid extra costs like hotel fees.In the case of a property transfer where a child under the age of six will reside in the property, the new owner is responsible for bringing the property into compliance on or before 90 days of the transfer of ownership.

I’d want to know if I could just transfer all property to my own name, like if I have the right in LLC to buy & sell for the LLC, can’t I just sell them to myself for a nominal fee?

Why are you transferring it to a LLC?

From time to time, you transfer funds from business to personal, and then you can use it for whatever you want.

@Darrell Kirby unless you know what you are doing, letting someone buy your rental, "Subject To" (the existing mortgage) is not advised.Typically, they will want you to transfer the deed to them, but keep the mortgage in your name.

They are well off but are in a bind due to trying to sell their old house. they want to rent for a year and then purchase the house. what would be the best way to transfer ownership after the year?