Posted 5/5/2021 15:41 (#8988869 - in reply to #8988834) Subject: RE: Too late for 1031 exchange?
NE IA
What I do know is that if the two transactions are not done at the same time, a third party needs to hold the proceeds from the sold land until the new land is purchased. Essentially one should not at any time take possession of the funds from a land sale, it needs to get funneled to the new property indirectly through you.