---
title: Like-Kind Exchange
description: What is a Like-Kind Exchange?
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Like-Kind Exchange](https://www.realized1031.com/glossary/like-kind-exchange)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jul 18, 2022 5:00:00 AM

A method of deferring [capital gains taxes](https://www.realized1031.com/education/glossary/capital-gain-tax) on the sale or disposition of an asset held for business or investment purposes by exchanging the asset, or proceeds from the sale of the asset, into [like-kind property](https://www.realized1031.com/education/glossary/like-kind-property) to be held for  
 business or investment purposes, as defined in IRC Section 1031. 

[View full post](https://www.realized1031.com/glossary/like-kind-exchange)

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