LLC's and 1031 Exchanges?

[Ryan McGrath]

Hello BP Community! After many years, myself and two family members (yes I know, mixing family and business gets dicey) have pooled together enough cash to really start investing with a focus on buying land and developing single family homes. We have enough cash to turn our first deal (including land acquisition, design/engineering, construction, etc) and ready to take the plunge and set up the LLC and get moving. I'm pretty inexperienced on the legal side when it comes to RE so have a lot to learn but figured making a post here was in my best interest.

My question is it possible to utilize a 1031 exchange into a new investment after every deal? Our plan is to have two LLC's, one for the real estate development company, and another for the GC (I will manage and contract the builds myself, pull permits, etc). 

Our goal is to keep our money in the company and re-invest into new deals, until we're able to have multiple deals going and invest in larger developments. 

My other two investors will just be financial investors and have no involvement in the operations of either company but plan to give them an ownership interest in the RE company. Basically I put the deals together, see them from concept through completion and they get a cut of the net profits. 

I know this is more of a general post and not asking very detailed questions, but looking for some general feedback on how to approach the LLC and 1031 exchange process, if possible. 

Thanks in advance everyone.