Posted by Laure on February 27, 1999 at 22:26:21:
You could lease/ Option the property for a year. I have done 5 1031 exchanges but I haven’t tried to do one on a recent purchase. Give your attorney a call and ask him about the holding period. I know you can’t use the 1031 for continual flips. It was recommended to me that I hold my property for two years before selling it again with a 1031. So, I am L/O property that I acquired with 1031 exchanges.