First Time Tax Sale Purchase

[Sara Miller]

My husband and I own 3.5 acres in Pennsylvania. Our neighbor passed away nearly two years ago and he owned the adjoining 10 acres. (Also has a house on it however, it is condemned.) We have been trying to work with the family to purchase the property however they have been a nightmare and basically are letting it go to tax sale to just wipe their hands because they want nothing to do with it. The back taxes are about $10,000 so we could get this for a steal however, it is a prime piece of property in one of the most sought after locations near us. I do not have the cash to go into this but my in-laws are willing to help us. I am curious as to what my best route might be. My in-laws will eventually be selling their home and building on this property. I have looked into doing a 1031 exchange because they also own 3 undeveloped acres an hour away that they have been trying to sell and I have looked into creating an LLC. Any help or information would be greatly appreciated since I have no experience with this sort of thing what so ever.