Many of those issues you probably have not even considered.Meanwhile, assuming you are 50/50 with your partner (a Pandora's box itself), I recommend these steps:each of you transfer $50k from LLC A into your respective personal bank accountseach of you contribute $50k from your personal accounts into the LLC B accountLLC B uses these funds for the property acquisitionIt should not trigger any taxes, under normal circumstances.

In need of a maintenance man/women that can handle the upkeep. 

Rely on your information you learned as a guide, but remember that each deal brings on its own unique circumstances that may not have been predicted. 

@Rahul Handa Your question is a bit vague in that you have not provided much information on your market or your circumstances.

Is this an extenuating circumstance to rent out my condo so I can move back closer to work?

I’m sure he’s pretty salty about the circumstances he’s put in. 

Without the ROBS structure, an active business is a stretch to qualify as investment under plan rules.Now welcome to 2018/19 and we have QBI that's under some circumstances taking what was previously undeniably passive income and calling it "qualified business income".  

Imho That’s for extenuating circumstances not a no -obligation time frame where the tenant can just hang out and not pay till he feels like it .

@Dorian Guin I think in the circumstance you have is once you use those HELOC funds, how quickly can you pay them back?

Again, a tax CPA/EA who understands your facts, circumstances, and goals will be able to help out here.