Hi Sheba,You have an interesting situation before you.  1031 exchanges are meant only for property where your intent has been to hold it for productive use in business trade or for investment.  

Only those with such a low tolerance for risk and remain motionless, stuck in fear and doubt, will never benefit from the lessons.I'll bet you'd never trade that education for an e-book, would you?

@Ram Srinivasan, I so rarely trust CAP rates, you could almost label it 'never' ... as you may have gleamed if you have suffered through reading other posts of mine.In the past 2-3 years we have been seeing mid-sized multi-units (20 - 50 units) trading hands at CAP rates in the 4.5 - 7 range and mostly on the lower end of the range.  

Looking to take the first swing this year, 2015! 

@Emanuelle Lewis,If your looking for trade specific (I.E.

Say a self directed 401K  holds a parcel of land and subdivides into multiple lots.  Can it barter a lot for contractor services to the property?   How best to document?

I make a pretty good living nowadays and have a lot of time which I have been using for the past year studying everything from cyber security, stock, option, and futures trading, and real estate.

Immanuel Baptist Church (corner of Oak & Clay) has arranged a purchase/trade with Lampton Baptist Church. 

I think it's possible, but it's probably the exception, not the rule.The discipline someone learns from trading time for money (i.e. work), living below their means, and then investing that money is priceless.

Kind of like Clark Kent and Superman, if that makes any sense, I'm primarily looking for experienced, seasoned, or even novice investors to teach me a few "tricks of the trade".