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Updated over 7 years ago,
1031 Exchange a Flip?
Hi All,
I was day dreaming on a long drive yesterday and had a quick question that I'm sure the smart, helpful people of Bigger Pockets could help me understand - and hopefully lead to further learning.
Can you 1031 Exchange a Flip? I haven't read all the rules for a 1031 but I imagine a limitation, if there is one, would be a required holding time before the property is eligible for a 1031. I haven't done the research, yet, but am asking as my first serious question to the bigger pockets community to break the ice and hopefully learn more about the 1031 Exchange - as the concept fascinates me.
Thanks for the help in Advance!
Devin