Converting Rentals from my name to an LLC

[Riley Jordan]

Hey all,

I just created an LLC and I am about to 1031 a rental in Denver, CO (it'll be listed in a couple days). I want to purchase properties in eastern ID/western WY and put them under my newly formed LLC (the Denver title is under my legal name). I understand that due to the 1031, that I have to be the sole owner/organizer of the LLC.

-Now that I have my LLC entity name, ID no. and other business info, what do I do with it? Do I need to file it somewhere? Is it automatically filed?

-Since I won't have time to put the Denver prop under the LLC before it sales, what is the best method/process for moving the new investments to under the LLC?

-Any other problems/loopholes I should know about?

I'm new to BP and the RE investment game and welcome any advice you can offer.  

Thanks in advance, cheers!

-Riley