Can I change name on a 1031 Exchange?

[Account Closed]

If I sell my relinquish property under my name and I do a 1031 Exchange also under my name, can I change my 1031 name into a LLC without a penalty? Should I put my requish property under LLC before I do a 1031?

[Cinnamon Harley]

@Dave Foster

By my understanding I could sell the property from one single member LLC and with a 1031 purchase it with a different single member LLC then correct? I want to limit the amount of property the first LLC owns. I would be selling up to 9 units and purchasing 31 units if it all works out.