Can I do this transaction as like kind exchange? Is there anything special I need to do since I section 179 the 2012 equipment?

[TaxGuyBill]

Correct.

And yes, the full selling price will be the Gain because it was fully depreciated.

[SweetieJean · Accepted solution]

It is unfortunate that you did not look into this in advance, and set it up property.

https://en.wikipedia.org/wiki/Like-kind_exchange