An exchange of business or investment property for like-kind property with a § 267 related party can qualify as a § 1031 like-kind exchange.

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The exchange of business or investment property for like-kind property with a § 267 related party can qualify as a § 1031 like-kind exchange, according to the IRS. However, certain rules and limitations apply, and the transaction must meet all of the requirements of a traditional § 1031 exchange.

An Exchange of Business or Investment Property for Like-Kind Property