Title and 1031 for Partnership LLC

[Chris Kane]

I have a single family rental held in a partnership LLC that my partner and I plan to 1031 into a 4 unit. Our CPA is telling us to keep the property in the LLC for the exchange for taxes but our lender is telling us to transfer title to our personal names so that we can qualify for a 1-4 conventional mortgage. I have completed 1031s in my personal name but never in a partnership LLC. What's the best way to handle this type of transaction to still qualify for a conventional investor loan and not cause issues when filing taxes? I'm sure I'm not the first to do a transaction like this.