1031 Exchange from LLC to Personal name

[Cameron Kelting]

Hello all,

Looking to get some advice on a scenario. My parents investment LLC used 1031 exchange money to buy a house that I want to put in my personal name so I can file a PRE exemption. Has anyone found a way to transfer property bought with 1031 money and in LLC's name into a family members personal name without paying capital gains tax or what's the best way to go about this that works out for both parties?