Bought with long term intent, but things changed...
I bought a single tenant commercial building in June of 2015. I planned to hold long term. The month to month tenant just moved out last month, so I've been marketing to find another tenant and have some good possibilities.
I just received an unsolicited offer to sell the building. I'm thinking of negotiating the sale. It will probably be less than a one year hold if I'm successful. Can the transaction qualify for a 1031 exchange? Or long term capital gains tax treatment, given the original intent?