BobKamman
Level 15

And exactly where are you seeing that?  Or maybe you are hearing it, at the barber shop from the guy in the next chair who has a cousin  . . .

Sometimes the IRS audit tool of "substance over form" can be used to the taxpayers' favor.  Of course it's stupid for them to play this LLC game, but they still put their pants on one leg at a time.  I suspect.  To be on the safe side, I would deed it out of the LLC and to their individual names before the sale.