Very first, the true property remaining sold needs to be either held for financial commitment or to be used during the taxpayer's trade or small business. Second, it should be exchanged for other 'like-sort' property. 1031 Trade Timelines and Guidelines Classically, an Trade includes an easy swap of 1 assets https://emilioujpsv.techionblog.com/35828983/5-tips-about-1031-loan-you-can-use-today