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There are numerous types of exchanges; here are three (3) types of basic 1031 tax-deferred exchanges:

•    Simultaneous Exchanges  
•    Deferred Exchanges Safe Harbor
•    Reverse Exchanges


To
qualify as a 1031 exchange, the property being sold and the new replacement property must both be held for investment purposes or for productive use in a trade or a business. They must be "like-kind" properties.

The following types of real estate swaps are examples of a qualified exchange of "like-kind" property:


* An office in exchange for a shopping center

* A shopping center in exchange for land

* Land in exchange for an industrial building

* An apartment building in exchange for an industrial building

* A single-family rental in exchange for a tenants in common (TIC) property