Question is, does anyone know whether I would still be able to take this tax exemption if I transfer the property into an LLC?

Three things I noticed (I'm also not 100% familiar with your market so these might not be completely accurate):Closing costs seem low - $8,000 in closing costs seems exceptionally low for nearly a $1M transfer of real estate. 

5% is $9K right there for commission + title, taxes, transfer taxes, survey, etc. etc. 

Can I now transfer the truck title on my rental LLC and then LLC to make monthly payment to me as business expense?

She transfer to Loyola Univ.

And if after, what would be the process of transferring the property from my name into the company name be?

I say wait until at least 2nd or 3rd property before setting up an LLC, and then transfer the deeds.  

My apologies for this but philosophically speaking, only the insecure companies that lack performance would get upset and their panties in a tangle over my post lolFacts are factsPoor online presence with amateur websites.Poor online reviews from landlords and tenants.Even jail time for committing government fraud.Toledo has seen quite a bit of these shady operations over the years and is notoriously known for some bad actors.For example, just going through a scenario now where a landlord is transferring 10 properties to us from an "established" PM in town and they are providing us with wrong tenant info and aren't paying monies owed to the landlord...And these guys are "born and bread" locally and have been in the PM business much longer than us.Off the top of my head I know of 4 such PM companies in Toledo.When someone wants to leave our PM company, we happily and quickly abide to any request made.If you can find and do better elsewhere, who am I to stop it.I have the same mindset not just in business but in personal relationships.Not saying all are incompetent and I believe the newcomers to be genuine.But standing the test of time will tell.Here is to a great 2023 for all 🙏Wishing everyone much success 

In some trusts nobody has the power to sell property in the trust; as per example a remainder charitable trust where the property has already been transferred to a charity after the beneficiary passes. 

I would definitely make the offer subject to the AC unit transferring with the house.