Selling a house that was going to be a BRRRR

[Jacob Daniels]

Hello all!

We recently purchased a property with the intention of holding it as a rental. Property went under reno for 4 months and fully updated everything. Its been sitting on the market as a rental for about 2 months, with price decreases every 2 weeks or so, however no one is biting at it. At this point, im considering just selling it. Can i use a 1031 exchange if i only held the property for 6-7 months, since my original intention was to make it a rental?