Well, I can think of one saving grace. A revocable trust can own an interest in, or even be the sole owner of, an LLC. I think you will need legal advice, though, since this goes back that far. The determination is how can/to make the LLC can be an asset of that trust (since it only includes the same people who are the grantors) and does that help. Having just done the 1031 makes it worse, of course.