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Video: What is "like-kind" in a 1031 Exchange?
For a valid 1031 exchange the relinquished and replacement properties must be "like-kind" to one another. Learn more about what "like-kind" means in a 1031 exchange, also known as a like-kind exchange in this video.
![Learn what like-kind means in regard to a 1031 exchange](/sites/default/files/styles/max_650x650/public/2023-01/WhatisLikeKind.png?itok=asR3yL0G)
For a valid 1031 exchange the relinquished and replacement properties must be "like-kind" to one another. Learn more about what "like-kind" means in a 1031 exchange, also known as a like-kind exchange in this video.