Better if new construction with exposed drywall, like most other mechanical and electrical systems.

For the purposes of this question, we need to know how things are organized.If the rental is held directly, or through a Disregarded Entity (DE), and the healthcare business is organized as a sole proprietorship or DE, mechanically, what you're proposing won't work. 

Depreciation is a lot better tax deferral mechanism than IRA and long term capital gain tax rates are lower than ordinary income rates applied to IRA withdrawals.

I can also not speak for the rest of the year, but during the summer I allow several days between booking so I can take to mechanic for lookover and adjustments. things can happen.

Things like construction companies, crane companies, field mechanic companies etc.

Mechanic, magician, mindreader.

To answer your question: there is no "give back" mechanism for real estate. 

Maybe there is no straight answer but hopefully I can aggregate the responses to get an idea of what is possible vs what is a probable success rate is.QUESTION:  Can a person (me) who owns properties WITH a mortgages create an LLC and transfer title of the properties to the LLC   I understand the mechanics of creating the LLC and doing the work to transfer to an LLC. 

Mechanic, Magician, Mindreader. 

How is your 3M Talent (Mechanic, Magician, Mindreader)?