IRS Form 8824, the Like Kind Exchange form, is where you report your Section tax year in which you began the transaction, as per the Form 8824 Instructions. 8 Jul 2019 If during the current tax year you transferred property to another party in a like-kind exchange, you must file Form 8824 with your tax return for that year. Also file Form 8824 for the 2 years following the year of a related party exchange. See the instructions for Line 7, later, for details. The Internal Revenue Service (IRS) uses Form 8824 for like-kind exchanges. the transactions that make up the exchange—this is how the IRS keeps track of Information about Form 8824, Like-Kind Exchanges, including recent updates, related forms, and instructions on how to file. Use Parts I, II, and III of Form 8824 to IRS Form 8824 Guidance with a Reverse 1031 Exchange. The first thing you need to do throw out the term reverse 1031 exchange. It is really not a reverse 1031(and section 1043 conflict-of-interest sales). ? Attach to your tax return. ? Information about Form 8824 and its separate instructions is at irs.gov/form8824. Your 1031 exchange must be reported by completing Form 8824 and filing it along with For line-by-line instructions on how to complete form, download the WHEN TO FILE This form must be included with your tax return for the tax Generally, the IRS prefers the use of only one 8824 form and the attachment of a IRS Form 8824 is the IRS form to report a 1031 exchange that occured in 2018. 2018 Form 8824 Instruction form the IRS: irs.gov/pub/irs-pdf/i8824.pdf. The tax preparer is encouraged to have IRC Section 1031, IRS Regulations (particularly 1.1031(j)-1), Form 8824 (and instructions), Form 4797 (and instructions)