Like-Kind Exchange Tax Management Reports

These reports track progress of IRS Section 1031 Like Kind Exchange activity over the course of the tax year. Clients may specify management report delivery as frequently as business requirements dictate. Reporting generally follows the loading of client data. Monthly, quarterly or annual reporting cycles are typical.

Federal Reports State Reports - Without Bonus Depreciation1
Gain Loss Summary Gain Loss Summary
Depreciation Summary Depreciation Summary
Unmatched Property EOY Depreciation Summary
Fiscal Year Information AMT Gain Loss Summary
EOY Depreciation Summary -
AMT Gain Loss Summary California Reports2
Mid-Quarter Adjustment CA Depreciation Summary
- CA EOY Depreciation Summary
- CA AMT Gain Loss Summary
- CA Gain Loss Summary

1 Some states did not adopt bonus depreciation concurrent with the federal government. These reports allow clients to obtain necessary values for state like kind exchange tax reporting.

2 California 1031 reports may be necessary for clients having nexus in that state.

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