Hospitals and medical clinics can defer capital gain when selling and replacing equipment through a 1031 exchange. The equipment is personal property and any personal property used in a business is eligible for 1031 consideration.
The 1031 Exchange Blog
When selling a medical, dental, chiropractic, optometry, podiatry, psychiatric, psychology or veterinary practice, consideration should be given to the tax implications. One way to defer capital gain and recaptured depreciation taxes is through a 1031 exchange.