Eligibility of 1031 like-kind exchangesUnder earlier proposed regulations, if your income was above threshold levels set in the tax law—$157,500 for single filers, $315,000, for joint filers—and you had exchanged one property for another to defer taxes under Sec. 1031 of the tax code, the amount of the new deduction might be reduced because of the swap.

On my first triplex, I swapped all 6 toilets to the 1.6 gpf models; it cut my water bill by about 16%.I am now looking at a fixer 4-plex that has 4 toilets, all of which seem to be the older, inefficient ones.

If you have an unlicensed sparky swapping out a panel and there's a fire guess what happens......... 

Unfortunately, there is no legal way to "swap" assets. 

That said, I'm hesitant to swap that over to a self directed IRA, what are the limits a married couple can invest?

Go to a board meeting and swap a few fishing/hunting/sports stories with them.

I recently stumbled upon another great place to advertise a rental home- the local Facebook Swap & Shop (or Yard Sale) page.  

The 1031 pros have a saying: "Swap 'til you drop" :)

Sure they are fine for a SFH and maybe a 2-4 unit residential property, but would be a nightmare beyond that.We maintain a pool of spare lock sets for each building and swap them between tenants ... we also have a separate set of deadbolts we put on during renovations which are keyed for our trades.In our properties where we have migrated to electronic locks, we simply deactivate the old access codes when a tenant leaves.

Swapped out the washers with ones I keep on my truck and continued on my day.