@Stone JinMaybe @Dave Foster can chime in...

To the best of my knowledge, the fact that you already have the proposed property under contract prior to the sale of the relinquished property does NOT make a difference.Just don't close on the replacement property until AFTER you sell the relinquished property.Here's a link to a great explanation of the identification rules:https://firstexchange.com/content/top-ten-identification-rules-1031-exchangesThe resident 1031 expert on BP is @Dave Foster. 

@Dave Foster, I appreciate the insight.

Our Mayor's focus on tech education, on fostering interest and innovation in future generations, and on helping businesses and entrepreneurs in the local tech industry work with other local businesses and leadership to grow the community proactively are all worthy of note.This post was not meant to be a sales pitch for Birmingham as the new tech hub of the world, that would be ludicrous.

@Dave Foster This sounds like horrible advice, unless you have a ton of hard money loans.

@Dave Foster Hi Dave - Thanks for taking the time to offer your thoughts.

Any information/analysis is for entertainment purposes only and to foster discussion.

Originally posted by @Dave Foster:@Leah Dockter, Several questions there.1.

Perhaps @Dave Foster can help you with that. 

Am I on base and anything to add @Dave Foster?