You can also acquire and use a property or asset in your trade or business and it will qualify for tax - deferred exchange treatment. (exeter1031.com)
In addition to real property, personal property may also qualify for like - kind exchange treatment if the qualified use property requirements and like - kind replacement property tests are met. (exeter1031.com)
The more proof you have that the property was held, treated and reported as rental or investment property, the better your position will be to support tax - deferred exchange treatment. (exeter1031.com)