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What is form 8824?
What is IRS form 8824 & 1031 exchange?
Do I need to prepare IRS form 8824?
Do I need a tax form 8824 for a like-kind exchange?
Download and print the official form for reporting like-kind exchanges (and section 1043 conflict-of-interest sales) on your tax return. Learn how to fill out the form, what information to include, and what exceptions apply.
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Oct 19, 2023 · Both individuals and businesses—corporations, partnerships and sole proprietorships—can carry out like-kind exchanges. However, the property involved must be used for business or investment. Beginning in 2018, like-kind exchanges can only be done with real property such as a rental home.
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Jun 13, 2023 · Learn how to fill out Form 8824, the IRS form for reporting like-kind exchanges under Section 1031 of the Internal Revenue Code. This guide covers the basics, the steps, and the benefits of using Form 8824 to defer capital gains taxes.
Learn how to report a like-kind exchange of real property for business or investment on IRS Form 8824. Find out the rules, deadlines, and exceptions for this tax-deferred transaction.
Nov 29, 2023 · Learn what a 1031 exchange is, who can use it, and how to file IRS Form 8824 to report it. This guide covers the eligibility criteria, the exchange details, the basis calculation, and the common mistakes to avoid.
