So I appreciate your perspective here as I make a decision..And the reason I wanted to transfer it to an LLC now instead of after the 1031 is complete is mainly precautionary, because I have approval from my lender now to complete the transfer, whereas I'm not sure if my future lender for the replacement property will allow it and decide to trigger the due on sale.

Does quit claim deed into an LLC trigger any title tax?

It is important that the designed purpose of the property is congruent with the rules and regulations established by the local authority in order to ensure its successful use as well as to avoid any possible inconvenience due to lack of compliance.

The problem if you quit claim the property from you to the LLC you may trigger the "due on sale" clause of the mortgage.

LoanPro offers strong compliance features and integrates with various accounting platforms.

If you've educated yourself and the numbers make sense, pull the trigger before someone beats you to the deal.  

If you do pull the trigger, I would float the rate until closing and keep a pulse on the 10yr note.

He will tell you, INTER ALIA, that you want inspection, financing, attorney review, title review, insurance, environmental, and survey review.Second, get a GOOD home inspector lined up.Third, get your banker lined up.THEN you can start looking.Also, keep in mind that backing out of a contract must relate to the contingency being used, and can only be triggered AFTER a good faith effort comply with/fulfill the contingency.

It can be a complicated structure and you need to make sure you're doing compliance on each llC and filing the property documents quarterly and annually.

Not sure who is in 1st position but maybe catch up the payments and deed in lieu of foreclosure and wrap it hoping it doesn't trigger due on sale then sell it on market.