Get software for creating a VM - such as Oracle VM Virtualbox, VMware Workstation Player, Microsoft Hyper-V, etc
Get the XP OS and install on your virtual machine
Install LabVIEW on your VM with XP.
It still may not work for you if you need hardware access, I have no idea how the VMs limit ports, USB devices, etc
Why does it need to be LV 7.1 + Win10? Trying to support an ancient PC with your Win10 PC?