1031 Exchange For Retroactive Purchase?

[Selina Chambliss]

Hello,

This question is probably a stretch. We are getting ready to sell a rental property in a couple months (waiting for the lease to finish). We would like to do a 1031 exchange to purchase a multi family property. In the meantime we have found a couple multi family properties that we are interested in. If we purchase something now, once we sell the single family in a couple months, can we still somehow do a 1031 sInce it was purchased in the same year?

Thank you in advance!

Selina

[Wayne Brooks]

Yep, @Dave Foster knows how to do this, and I would use him to do it.