The provisions of like-kind exchanges

Discuss the provisions of like-kind exchanges. What are the benefits and disadvantages of this type of transaction? What types of business(es) might frequently see “Like-Kind Exchanges” occurring?
Please note: All initial discussion postings must include outside online research to support your position. Be sure to cite your sources using in-text citations and a listing of sources and full citations at the end of your posting. Summarization of source information must contain in-text citations to indicate which information is gained from your source. Direct quotes from a source must be included in quotation marks, an in-text citation must be provided AND a listing of sources and full citations must be provided at the end of your posting. Investopedia and wikipedia are NOT acceptable sources.