1031 exchange

How do I show the 2017 sale and replacement of one rental property with 2 properties of greater value in turbo tax premier?

posted

Did you ever figure out how to do the 8824 in the situation of selling a rental property and then buying 2 because of the buy up requirement? Do you just cut your selling side numbers in half and allocate that way?

How do i enter 2023 1031 exchange when exchanging one rental into two new rentals? Does Turbo Tax support multi-asset exchanges? Also i need to enter 1031 cashout that qulaified for homeowners exemption (2out 5 year rule) on the relinquished property

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

1031 exchange

1031 exchange

Get more help

Do you have a TurboTax Online account?

1031 exchange

Do you have an Intuit account?

1031 exchange

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert