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How do I enter a 1031 exchange involving 2 relinquished properties for 1 acquired property using Turbo Tax Business?
I am using Turbo Tax Business. I sold 2 like-king real properties and purchased 1 acquired like-kind property in a 1031 exchange. After several attempts, the resulting 8824 forms seem to write over each other corrupting dates and entries. Please provide a step by step process to enter both relinquished properties in form 8824 for one acquired property with Turbo Tax.
Thank you very much,
Erik
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‎February 9, 2023
6:17 AM