@globug666 wrote:
So because I received the proceeds directly I cannot us a 1031 exchange? Is that correct?
Yes, you should have used a qualified intermediary for this transaction.
@globug666 wrote:
I guess what I am asking, does this disqualify me from doing the like kind exchange on my 2021 taxes?
Yes, your transaction, as stated, does not qualify for Section 1031 (like-kind exchange) treatment.
