Indiana Tax Free Exchange Package

State:
Indiana
Control #:
IN-P064-PKG
Format:
Word; 
Rich Text
Instant download

Description

The Tax-Free Exchange Package contains essential forms to successfully complete a tax-free exchange of like-kind property.

This package contains the following forms:

(1) Exchange Agreement
(2) Exchange Addendum
(3) Certification Of No Info Reporting On Sale Of Exchange
(4) Like-Kind Exchanges
(5) Sale of Business Property
(6) Personal Planning Information and Document Inventory Worksheets

Detailed Information on each form:

1. Exchange Agreement - This form is used to establish the intent to enter into an exchange agreement and to otherwise qualify the contemplated transactions under the qualified intermediary safe harbor.

2. Exchange Addendum - In this form, the parties amend an existing contract to buy and sell real estate and agree that the Exchanging Party's rights under the contract are assignable prior to closing to structure an exchange of the property under Section 1031. The Cooperating Party agrees to reasonably cooperate in such exchange with the Exchanging Party.

3. Certification Of No Info Reporting On Sale Of Exchange - Complete this form to determine whether the sale or exchange should be reported to the seller, and to the Internal Revenue Service on Form 1099-S, Proceeds From Real Estate Transactions.

4. Like-Kind Exchanges - This form is used to report each exchange of business or investment property for property of a like kind to the Internal Revenue Service.

5. Sale of Business Property - This form is used to report gains, losses and recapture amounts from the sale of business property and involuntary conversions.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Indiana Tax Free Exchange Package?

In search of Indiana Tax Free Exchange Package templates and filling out them can be quite a challenge. In order to save time, costs and energy, use US Legal Forms and find the appropriate example specifically for your state within a few clicks. Our attorneys draw up each and every document, so you just have to fill them out. It really is that easy.

Log in to your account and come back to the form's web page and download the document. All your saved samples are kept in My Forms and they are accessible at all times for further use later. If you haven’t subscribed yet, you need to sign up.

Have a look at our comprehensive recommendations regarding how to get your Indiana Tax Free Exchange Package form in a couple of minutes:

  1. To get an entitled form, check out its validity for your state.
  2. Have a look at the form utilizing the Preview option (if it’s offered).
  3. If there's a description, go through it to understand the specifics.
  4. Click on Buy Now button if you found what you're seeking.
  5. Pick your plan on the pricing page and make an account.
  6. Choose you want to pay by a credit card or by PayPal.
  7. Save the file in the favored format.

You can print out the Indiana Tax Free Exchange Package template or fill it out using any web-based editor. No need to worry about making typos because your form can be utilized and sent away, and printed out as many times as you wish. Try out US Legal Forms and get access to around 85,000 state-specific legal and tax documents.

Trusted and secure by over 3 million people of the world’s leading companies

Indiana Tax Free Exchange Package