Like-Kind Exchange Tax Filing Reports
These annual reports are similar to management reports; however, they include addition documents and details required to document Section 1031 Like Kind Exchange activity in IRS filings.
|Federal Reports||State Reports - Without Bonus Depreciation1|
|8824 Condensed||Gain Loss Summary|
|State 8824 Condensed (without bonus)||Depreciation Detail|
|Depreciation Detail||EOY Depreciation Summary|
|Gain Loss Detail||-|
|EOY Depreciation Summary||-|
|AMT Gain Loss Detail||California Reports|
|-||CA Depreciation Detail|
|Prior Year Reports2||CA EOY Depreciation Detail|
|Federal Prior EOY Depreciation Summary||CA AMT Gain Loss Detail|
|State Prior CA EOY Depreciation Summary||CA Gain Loss Detail|
|-||State Prior Depreciation Summary|
1 The Like Kind Exchange system is capable of printing IRS Form 8824. However, client generally use the 8824 condensed listing for filing purposes.
2 Prior year reports allow clients to compare Like Kind Exchange Section 1031 matching activity across years.