How to swap(replacement property) properties in USA ?

In the U.S., you can trade one property for another. People call this a 1031 exchange.
It helps you avoid paying taxes immediately when you trade.
Here’s how it works:
First, sell your old property.
Then, choose a new one in 45 days.
You must buy the new one within 180 days.
It’s wise to consult a real estate agent or tax expert for guidance. They will guide you the right way.

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During a Drop and Swap transaction, you’re basically “dropping” yourself from your partnership – instead, it becomes a tenant in common relationship with your partners. From there, you then “swap” into a replacement property.

There's more than one way to do a home swap The three main types of home exchanges are as follows: You can stay in your exchange-partner's home while they stay in yours (a "simultaneous exchange"). You can stay at a home-swapper's second home or vacation home (a "non-simultaneous exchange").

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