Sounds like a messy can of worms. Transferring ownership to your LLC results in the LLC having legal liability, responsibility for license tags and maintenance, possible tax consequences, etc. You do not want to go there IMO. FIL should get himself a lawyer and look into creating a trust, and then he can transfer title to the trust. The trust can specify usage and maintenance and eventual disposition of the property. Not your problem that way. Shoot, if he could afford his class A, he can afford to do this thing right instead of cheaping out and having you take the brunt.
