~No debt from my uncle can transfer to my father correct?

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I literally just now found out the deed was transferred to children a few weeks ago.

I have been learning so much over the last 2 / 3 years; I realize what my mistakes where and feel so much more confident. I

If we plan to transfer the properties into an LLC using a warranty deed, is this going to create issues as far as having one person write off the depreciation as well?

In the past I have analyzed such properties and found that you are in a better position to reduce rent - yes, reduce  and transfer utilities to the tenants (average of a 10-14%) increase in cash on cash ROI. 

Ah, also, I personally don't want to place a mortgage under my name and transfer the deed into an LLC because I have yet to purchase my own live-in home (I'm paying significantly cheaper rent than what my monthly PITI would be for a similar home).

A wire transfer or check does not have to be reported.

His wife was a corporate lawyer at high pay and was promoted and transferred to the S.F.Bay Area.

I then decided to see If I signed a 12 month lease initially that transfers to a month to month, what would happen.