Thanks! I plan on taking the depreciated basis from the the property that I disposed of, adding to this the allowable costs related to the exchange and allocating it to each of the replacement properties based on their relative FMV. So if one property has a FMV that is 25% of the total FMV of the replacement properties it will receive 25% of the total basis. The 27.5 year depreciation schedule will be restarted using this allocated basis. Question is, how do I avoid the 20 questions from TurboTax and enter this basis for each property? I have set up each property as separate rentals in TurboTax
