Hi Nick, Generally speaking you can assume investment transaction interest rates will be a point higher than owner occupied interest rates. 

My accountant does all the figuring out each year but they’ve never even questioned the transactions. 

Got me thinking, even if I had to maintain personal ownership of the property... are there other reasons I should conduct the property transactions through an LLC entity without the property being owned by the LLC? 

The person doing it for me will not be making any money off this transaction and will simply be doing this as a personal favor to me, and I just wanted to clarify the tax ramifications, if any, for both of us. 

*Update*I have an accepted offer for this house with a close date of June 13 (fingers crosses).

But I am not sure if our transactions would qualify for 1031. 2.

Most agents keep up with their zillow page enough that you can see their closed transactions there. 

Even if you get the reno done around $400, and you are paying $2mil+ for the original purchase........and sell it for "close to $2.75mil", you aren't going to end up with much in your pocket after holding costs, transaction fees, cost overruns, etc.$2.05mil PP$400k rehab$150k lender fees, points, transaction fees, holding costs, insurance, etc.----------$2.65m cost$2.7mil sale, with 5% realtor commission means you lose close to $100k on the deal. 

@Steven ParksNo you should not do that.The IRS rules prohibit any direct or indirect transactions or benefit between you and your plan. 

@Nick BrubakerUse a warranty deed (or special warranty if encumbered) to keep the title chain in better shape instead of a quit claim deed.You can also use a land trust if your lender approves it as you’ll be able to change the beneficial interest back to your LLC later on without having to re deed your property.