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@Patrick Rafferty, Any tax paying entity can do a 1031 exchange. 

Here are a few incentives as noted by the IRS:168(k) - Special Allowance for Certain Property (Bonus Depreciation)179 - Election to Expense Certain Depreciable Business Assets Other incentives included in the tax code, however, may reduce the need for a taxpayer to perform a cost segregation study because they give preferential treatment for certain qualifying 1250 property such as 168(e)(6) - Qualified Improvement PropertyHave you utilized either of these incentives as part of your cost segregation study?

The benefit of paying property management fee to yourself as earned income is the possibility of more expense deductions which could result to a smaller tax payment. 

Hi everyone! I am excited to be here and I can't wait to start calling myself a "Real Estate Rookie"! I have to give a huge shout-out to James Likis. Thanks for introducing me to Bigger Pockets. Tomorrow I start my 40...

A 1031 exchange, also known as a like-kind exchange, allows taxpayers to defer capital gains taxes on the sale of certain types of property if they reinvest the proceeds into a similar type of property.

You should keep a record of the date you make the requestYou can find the entire Q&A section here http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt107.shtm

---How is this holding tenants accountable that are getting FREE rent from US taxpayers?

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And don't get me started on how Community property states vs non community property states have mucked up the whole LLC entity issue.But for purposes of entity ownership and identification of actual tax payer (which was @Michael Plante's question) I don't think there's going to be any state nuance that will differ.