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Level 2
March 23, 2021
Question

How do I enter a reverse 1031?

  • March 23, 2021
  • 1 reply
  • 0 views
I entered all my information and the program says my dates are out of range.  It thinks I am doing a straight 1031rather than a reverse exchange.

1 reply

Level 15
March 23, 2021

What were the exact dates you entered into the program?

 

Note that the date the replacement property was identified cannot be later than the date it was received.

Level 2
March 23, 2021

Thank you!!! just checked my dates and had entered a date of 2020 rather than 2019.  Problem solved and reran error check and all is good now.  Thank you for the quick answer!!!