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Tag Archives: Form 8824

What information is requested on Form 8824 for 1031 Exchange?

The following information is requested on IRS Form 8824 for IRS 1031 Exchange. We recommend that you review this with your CPA or tax advisor. Information on the Like-Kind Exchange Description of like-kind property given up: Description of like-kind property received: Date like-kind property given up was originally acquired (month, day, year)  . . . [...]

After my 1031 Exchange, how soon do I need to report it to the IRS?

Reporting your 1031 Exchange to the IRS is an event that happens when you file your tax return for the year that the 1031 was executed. Your CPA or tax advisor knows to use IRS Form 8824, which is available by clicking here. This document must be completed by your or your tax advisor and [...]