1031 on a flip investment?

3 Replies

@Steven Cowles , It looks gray because there is no statutory holding period.  The standard is what your intent was.  But that is not gray - either your intent was to hold for productive use and that can be demonstrated.  In which case you can do a 1031.  Or your intent was to flip (which will be evident) and you can't use the 1031.

Most folks feel comfortable at any period more than a year.  But there could be situations where a holding period of less than or more than one year would be justified.

But the gray is only perception.