Like-Kind Exchanges Under IRC Code Section 1031
This IRS publication will answer common questions regarding 1031 Exchanges, such as:
Who qualifies for the Section 1031 Exchange?
What are the different structures of a Section 1031 Exchange?
What about Reverse Exchanges?
What property qualifies for a Like-Kind Exchange?
What specific exclusions exist?
How is 'basis' calculated?
How do you report a 1031 Exchange?
and other important topics, as well as additional IRS publications and forms.
Do NOT proceed with a 1031 Exchange without consulting a qualified Intermediary, your tax professional and possibly, an attorney.