The About Form 8824, Like-Kind Exchanges states: 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.
@techierob -related party sales must file for 2 years.
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