This satisfies the rules for 1031 exchange. 

Your payment requirement would rule you out for us. 

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!

California also has Proposition 19 rules to consider, which might impact property tax reassessments if the transfer is not between parent and child. 

However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment.

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

Thats insane the government is proposing these rules. 

You need to read the sheriff sale information carefully, or if in a county with a magistrate then read their ruling. 

If not, consider establishing one for 2022, after learning the rules.