1031 Exchange with Title Transfer to LLC

[Marty Hofmann]

Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 exchange. However, in January of 2019 we took the property out of our personal name and transferred it through warranty deed to our LLC. The county Clerk had us write "No consideration" on the warranty deed. Our question is: Can we sell this property in December 1st, 2019 (a year after we closed ) or do we need till January 2020 (a year after we transferred deed to LLC)? Thanks for the help.