Exempting Capital Gains when a property is owned under an LLC?

[Michael Carbajal]

I am closing on a SFR in January that I plan to live in. I am curious if anyone has ever successfully been exempt of Capital Gains Taxes when completing a "Live in flip" even if the property is owned an LLC? From what I read online, as long as it is a single member LLC then it shouldn't be an issue. 

Also, will I be able to qualify for a Homestead Exemption if I own the property an LLC?

Can anyone confirm? Has anyone done this?  Thank you and Happy Holidays!!