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  1. Jan 31, 2024 · Learn how to use Form 8824 to report each exchange of business or investment property for property of a like kind. Find the current revision, instructions, and other useful information on the IRS website.

    • 2023 Form 8824

      Form 8824. Department of the Treasury Internal Revenue...

  2. Download and print the official IRS 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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  3. Learn how to report and defer gain on exchanges of real property for real property of a like kind using Form 8824. Find out the rules, definitions, and exceptions for section 1031 exchanges, qualified opportunity funds, and conflict-of-interest sales.

  4. 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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  6. Jun 13, 2023 · Learn how to fill out and use Form 8824, the IRS form for reporting Like-Kind Exchanges under Section 1031 of the Internal Revenue Code. Form 8824 can help you defer capital gains taxes by reporting the details of the property you gave up, the replacement property, and the realized and recognized gains or losses.

  7. Learn what a like-kind exchange is, how to fill out IRS Form 8824, and what rules apply to tax-deferred exchanges. Find out the benefits and drawbacks of deferring gain on a like-kind exchange and how to report it on your tax return.

  8. Nov 29, 2023 · IRS Form 8824 is the primary document for reporting a 1031 exchange to the IRS. Learn how to fill out and file this form correctly, who is eligible for a 1031 exchange, and what are the tax benefits of this tax strategy. Find out the common mistakes to avoid and the steps to follow for a successful 1031 like-kind exchange.

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