Raw Land Flip

[Forrest Holden]

Hello all, I am interested in buying raw land at auction at far below fair market value with intent to "flip" the land at just below fair market value. How long would I want to hold the property before selling it in order to avoid massive tax implications? Could I potentially 1031 this land for other land and defer the taxes? How long after selling the land on a 1031 would I have to put that profit into another piece of land to defer the taxes? Thoughts?