Turning a personal property to a LLC and Capital gain Tax

[Thuan Dinh]

We have just purchased a house paid for by cash. We want to turn this property into a LLC. Can we just do it by Quick Deed with a little value ( what ever the law allow)? So if later on we sell it under LLC, what the tax liability will be based on: the difference from the original purchase price or the value we transfer in the beginning (that little value)

Thank you in advance.