Is it to late to set up a 1031 exchange?
Hi folks,
A plot of farmland that my wife inherited is going to auction today and we would like to defer any capital gains with a 1031 exchange. Have I totally screwed up by not positioning ourselves for this prior to the auction. Can I still set up a 1031 after the sale and prior to closing, or have I missed my window??? Any help would be greatly Appreciated!