1031 Exchange Explained: Avoid Raw Land Capital Gains Mistakes! #shorts

Is this some—

somewhere, is it similar to like a 1031 exchange or is this completely separate? Okay. Completely separate. Because the 1031 exchange, you're taking your capital gain. Katia could, Katia could do this with her $1.6 million and go and buy something. Right. But here's the problem. She has nothing to really swap into because she didn't own it or run it long enough. So technically she can't 1031 that money because all it brought in and she flipped it.