topic Resolved a sports card online business and started another one with a different name same year is this a like exchange in After you file

Resolved a sports card online business and started another one with a different name same year is this a like exchange

ajhansen91 — Mon, 09 Mar 2026 08:41:56 GMT

Re: Resolved a sports card online business and started another one with a different name same year is this a like exchange

ee-ea — Wed, 09 Mar 2022 21:25:43 GMT

No. For more info than you want see this

https://www.investopedia.com/financial-edge/0110/10-things-to-know-about-1031-exchanges.aspx

Re: Resolved a sports card online business and started another one with a different name same yea...

ThomasM125 — Wed, 09 Mar 2022 21:47:32 GMT

The like kind exchange regulations apply to business property, normally real estate. As such, it would not apply to something intangible, such as the business you refer to. So, @ee-ea is correct, you can not apply it to the transition from one business to another.