quitclaim to LLC and it will have your tax basis. there would be no step-up to fair market value for purposes of depreciation. rental rules are complex. you could be subject to passive activity loss rules or possibly not required to report income or expenses or the expense deduction could be limited to rental income. if you eventually sell it , it may not qualify for the home sale exclusion. you have provided few details so it's best to discuss with tax pro so you know the tax consequences
