1099-S for transferring RE into personal LLC/LLP?

[Jay Axness]

We are planning to transfer an investment property into an LLP at our cost basis. Are we required to file a 1099-S for our contribution of the real estate to the LLP? Given we are transfering into the LLP at cost basis there is no gain/loss to report in any case, but it isn't clear to me from the IRS instructions whether a 1099-S is required. At formation of the LLP the partners will only be my wife and I who are the current owners, but the LLP partners may change in the future if that matters.

Also even though I'm in Singapore, this if for the USA... Minnesota more specifically.