It is sufficient if you each contributed your share to the LLC. Has the LLC applied for an EIN?
The execution and recording of a quitclaim deed is a formality for this purpose.
However, since the 1099-MISC shows each of your names and (presumably) social security numbers, you may have to enter them into your personal income tax returns as nominees for the LLC.
You might want to seek guidance from a local tax professional, at least for this first year of operation.
