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Zach Hadden

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Zach Hadden, a Savannah native with ERA Kings Bay Realty, helps buyers, sellers, and investors across Amelia Island, Northeast Florida, and South Georgia. His operations expertise and Georgia Southern background mean seamless, stress-free transactions.

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IRS — 1031 Like-Kind Exchange

Like-kind exchanges under Internal Revenue Code Section 1031 allow businesses to exchange real property without recognizing gains or losses, though the Tax Cuts and Jobs Act limited this to real property only as of January 1, 2018. Form 8824 is used to report qualifying like-kind exchanges of real property that are of the same nature or character.

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Summary

Like-kind exchanges under Internal Revenue Code Section 1031 allow businesses to exchange real property without recognizing gains or losses, though the Tax Cuts and Jobs Act limited this to real property only as of January 1, 2018. Form 8824 is used to report qualifying like-kind exchanges of real property that are of the same nature or character.

Tags

like-kind-exchanges · section-1031 · real-estate-tax · tax-deferred · business-property · irc

Key entities

Like-Kind Exchanges (concept, 0.99) · Internal Revenue Code Section 1031 (concept, 0.99) · Tax Cuts and Jobs Act (concept, 0.95) · Form 8824 (technology, 0.98) · Real Property (concept, 0.97) · Tax-Deferred Exchange (concept, 0.92)

Classification

reference · language en · status final

Provenance

claude-haiku-4-5 via @stacklist/be@0.1.0, confidence 0.85, 3 Jun 2026