Investors & landlords

In order to qualify for a like-kind exchange, both the relinquished and replacement properties need to be held for productive use in a trade or business or for investment.

 

See https://www.law.cornell.edu/uscode/text/26/1031

 

If you are interested in doing a Section 1031 exchange in the future, you should do a search for a "Qualified Intermediary" in your area.