miamipoker
Returning Member

Re: 1031 question "Report this transaction" Sched C vs Sched E vs no entry

I am having the same issue.  The rental I exchanged was used in a trade/business. I have a taxable boot. 

After completing the 8824 is asks "would you like to report this transaction on one of these activities? "  

No entry

business Schedule C

Rental or Royalty property (Schedule E) 

Using TT home and business desktop

 

I'm thinking It is wanting to know where to report the taxable boot?