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Never having done this in practice (and I doubt that you can find a lawyer who has), I'll give you the benefit of an educated guess and a pragmatic solution from an old timer. What you enter on the books of the LLP as the value of the aircraft has nothing to do with the actual transfer forms. Therefore, for the purpose of title transfer, show the purchase price to be one dollar, or a $0 gift if they will let you do that. The partner's capital account will reflect the true value of the contribution.