So, you'll likely need to tell the two of them to work it out between themselves and that you will transfer the full existing deposit from the old lease to the new one.

Like I said earlier, it is not going exactly the way I had envisioned it would with the transfer of documents.

Is it too late for me to open and LLC and then transfer the tile under the LLC so when I sell them I can release myself on the personal level of any liabilities?

Keep this in mind too...When you get your LLC and go to do your first deal withit, it has no credit history.And when you go to transfer title of your existing properties,the mortgage convenant may allow them to disallow or toup the rate to the current rate.

I am wondering if I should keep that card open in case I need to use it to transfer balances later for better APR.Any insight?

If I ever do set up a system like this, I'll probably have two accounts, one where they make the deposit and another into which I would quickly transfer the funds.

When filling out the deed do I put that I am transfering 50% ownership or is that put down when we record.

Venmo is another mobile optIon but they have a maximum transfer to your bank account.

As if we are still in the magnet tape world when it comes to data transfers. 

It's a transfer of wealth by opportunity rather than taxation.