what year are you doing. these questions are strange since as I said 1031/like-kind exchanges, for Federal purposes, only exists for real estate for years after 2017
"I traded in an old asset to acquire this one." so if 2018 or later answer no
"I purchased this asset new." should not be asked if you marked not traded to the first question
"The item was sold, retired, stolen, destroyed, disposed of, converted to personal use, traded in, or given away."
answer yes.
however, states my have different laws
