1031 Question/Capital Gains

[David F.]

Looking to offer a couple of rentals I own outright in a 1031 exchange.  I read about the need for properties to be seasoned before undergoing a 1031, but I'm not expecting to have any appreciation subject to capital gains.  I bought them earlier this year.  I anticipate valuing them at purchase price for purposes of this exchange.  Do they still need to be seasoned, or does it not matter since the IRS scrutiny won't apply since I'm not claiming any tax benefit for myself?

Does the 1031 holding requirement prevent me from doing a 1031 exchange altogether?  Or does it just disqualify me from receiving the tax benefit on capital gains which, as the situation above implies doesn't appeal to me?