I agree with @Jeremy Gunn; fill the cracks in the mortar joints inside and out and paint the foundation. 

I’m not sure how to fill out the  ‘Federal tax election’ section on the LLC request for information form tr-570 from NYS.We want to be able to continue to file a joint return with income from LLC treated as part of our joint return.Do I indicate 1) sole proprietor and yes on single member, or 2) sole proprietor and no on single member, or 3) partnership and no on single member? 

My Solo 401k is participating as the manager on currently 18 joint ventures on both performing and distressed residential mortgages.

I co-own two properties with joint mortgages and we need to refinance to separate the properties and mortgages.  

First if you jointly hold a bank account they will NOT freeze the bank account if one of you die. 

This sounds like joint tenancy.

The original tenant is taking on more risk by allowing someone to move-in and not adding them to the lease as jointly and severally liable.We tried to do what you are trying to do several years ago.

I would make sure you have access to all of your accounts and filter the payments into your joint account and keep control of the majority of your money. 

We always file jointly. 

As for an equity joint venture, I have a simple rule: Money earns interest, knowledge earns profits.