Hi Mike:  Thanks for the feedback.  This is really getting interesting.   As a (lowly haha)  examiner my deal is that I find the problems - the attorneys get to fix them.  In this case the fact that the property is now held by a family member by way of an LLC  does not pass the smell test for me; but I also agree with both you & Carol that there wouldn't be very much for the IRS to latch onto.  I suspect that Joe Blow was looking to do an end run around a fairly substantial pre-existing IRS lien & this was the method he used.  It still hasn't officially closed or gone to record so I have no idea what will happen next.  

I will be posting about my forgery case soon & would enjoy getting some opinions on that one as well.