LLC Partnership - 1031 Exchange - "Each his own way"

[Matthew Seguin]

Hey all,

I hope to get a better picture of the process, if possible, on the following 1031 exchange scenario:

Three years ago, two partners and I formed an LLC to invest as an LP investor in an MF deal. Currently, the sponsor is planning to sell the property in the near future, and the two other partners would like to cash out - therefore, pay taxes on capital gains. I would prefer doing a 1031 exchange with my invested amount and gains but I realized that it has many complications.

From what I understand, the easiest way would be if all of the partners decide to do a 1031 exchange and do it under the entity level - unfortunately, that's not the case. 

Could someone share if it is possible to do a 1031 exchange on my own on my proportionate amount, and if so, how? 

Thanks!