Holdtime before 1031 exchange?

[Lauren Heart]

Hello fellow BP'rs!

I have been trying to find concrete info on laws...but it seems to be a grey area?  I acquired a new unit and I'm now looking at a 1031 exchange of a portfolio (5 units, commercial financing) into something much larger.  How long do I have to "season" the latest purchase before I can exchange into a larger portfolio?  And...would anyone like to share their story on "flipping" their smaller portfolio into a larger one in record time?  :)

Thank you kindly!

Lauren