Housekeeping note: I have added a link to a page regarding "1031 exchanges" at the sidebar at the right. It's under the general heading "Handbook for Mineral Owners," found right under the "archive icon link."
Reminder: this blog is not an investment site. I post this mostly to help me better understand the oil and gas sector and the Bakken. Until I started following the Bakken, I had never even heard of "1031 exchanges." Something suggests that these exchanges may work for "stuff" unrelated to oil and gas, and maybe that's why our apartment complex seems to get a new owner (usually out of California) every three or four years.