1031 exchange with an inherited IRA?

[Patrick Gerrity]

I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax liability at the end of the year, as it will bring my income into the 33% plus tax bracket at least. I am just trying to figure out how to mitigate that major tax bill at the end of this year. Does anyone have any advice on this, or some other type of strategy to mitigate that? Thanks!