The farmers newspaper that I subscribe for the estate auction listings had an article not long ago about the feds tightening the regulations on
like kind 1031 exchanges. Seem as they had been lax and were allowing most any type of exchange to qualify. Now they're going to hold the exchanged propertys to really be like kind, example, no trading farm land for apartment buildings, as they had allowed in the past.
1031 exchange rules
Read em before you need em.