Level 15
10-18-2024
11:35 AM
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From IRS instructions for form 8824.
"Special rules apply to like-kind exchanges made with related parties, either directly or indirectly. A related party includes your spouse, child, grandchild, parent, grandparent, brother, sister, or a related corporation, S corporation, partnership, trust, estate, or tax-exempt organization. See section 1031(f).".
You have a complex question which you need to research your self, and not rely on a blog to give you a simple yes or no.