Questions about 1031 Exchange

[Vania Castillo]

Hello BP Community!

I finally was able to sell a foreclosure property I bought 4 years ago via tax lien!  I held the lien for over 3 years, foreclosed around 6 months ago and sold the property after having ownership on it for less than 6 months.  I'd like to move that money to a 1031 is my plan sound?

The other question is: I have other 2 properties that foreclosed and sold with seller financing for 6 months?  Can I do a 1031 exchange when I'm not getting the money until 6 months later? I doubt it, but does not hurt to ask :)

Thank you! 

[Ellis San Jose]

1031 proceeds have to be arranged to be received by an accomodater and not by you personally, so the first property won't work.

The other 2 properties sound like they have already changed title as well & been sold so those won't qualify for 1031 either.