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Like kind property in a 1031 exchange must meet certain criteria laid out by Section 1031 of the IRC. This short, easy-to-follow video explains what like kind property is, what assets qualify for a 1031 exchange, and what doesn’t. When investing in real estate, you can defer capital gains taxes during the sale of a property by utilizing a 1031 exchange to swap your current property for another property that is like kind. But what is like kind property? That’s what we’re here to find out. In this video you’ll learn: What asset classes qualify as 1031 exchange real estate? Can you exchange property across different asset types? For example, can you swap farm land for multifamily apartments, or raw land for industrial property? Does your primary residence or vacation home qualify? Can you use a 1031 exchange to invest in a Delaware Statutory Trust? Do like kind properties have to be of the same quality? Do properties have to be in the same part of the country? Learn all this and more in our short informational video, and find out more about 1031 exchanges, Delaware Statutory Trusts, and real estate investing at: 1031gateway.com. Still have questions? Let us know in the comments section. Watch more informational videos: Delaware Statutory Trust Explained (In Under 1 Minute) • Delaware Statutory Trust Explained (In Les... Delaware Statutory Trust 1031: The Basics (In Under 2 Minutes) • Delaware Statutory Trust 1031: The Basics... Learn more at our website: What Are the 1031 Exchange Property Identification Rules? https://www.1031gateway.com/1031-exch... 1031 Exchange Basics: A Simple Introduction https://www.1031gateway.com/1031-exch... What Do Investors Need to Know About Qualified Intermediaries? https://www.1031gateway.com/1031-exch...