Help with a Spec. Home!!!

[Camronn W.]

A novice question here, figured I can ask the Bigger pockets community for some quick help. I'm beginning the process of building my first spec home. How does the tax side of the sale go when I resell? I know it being considered a capital gain, it changes things as to what I am use to doing. My LLC is setup currently for my rental portfolio... Should I transfer the building into the LLC before reselling? Or is that a completely different structured LLC for building a spec home for capital gains. I'm aware of the 1031 exchange also, just looking for some advice on the process.

-Thank you