The proceeds from the sale of the original property must be held by a qualified intermediary escrow agent (the proceeds may not be received by the property owner wishing to engage in the 1031 exchange).Concerning you transfer of the property to LLC,  the IRS stated that an individual transferring replacement properties to a limited liability company (LLC) treated as a disregarded entity (i.e., SMLLC) does not violate the Section 1031(a)(1) requirement that the property be used in a trade or business or held for investment.So if your LLC is single member LLC, you can transfer( after you sort out Due on sale clause with your lender) 

Thank you for your engagement of conversation.

Private money lender will give the same terms on either property, so financing is not a player. 

Looking to engage and contribute to the BiggerPockets forums.I looking to get a little guidance on determining the right real estate CPA in Texas.

Also referred to as non qualified mortgages or "Non-QM", they are a burgeoning industry (has been for the last several years) and lately, since the loans that were originated (and sold) have performed well on the secondary market as mortgage backed securities, more players are entering this arena.We close loans with Finance of America.

And, if there are doubts, engage an attorney in one of the usual 30 minutes FREE consultation sessions.Sorry you are going through this! 

I have some friends who are also very interested in investing here too, and they are counting on me to build a team, or find some key players with boots on the ground that we would be able to work with.

I'm sure there's some big players from those coasts trying to secure their investments.

I am reading and am wondering if I can draw up all the numbers and possible risks, would someone be willing to engage in a partnership with me?

(b) Is engaged wholly or in part in the business of selling or exchanging interests or estates in real estate or businesses, including businesses' goodwill, inventory, or fixtures, whether or not the business includes real property, to the extent that a pattern of sales or exchanges is established, whether or not the person owns the real estate or businesses.