@Anonymous_ Thanks for the reply.
There were some instructions (More Help) about only reporting the sell date and entering the sales information in the like-kind exchange section. However, the More Help info and dialog for the sales information were quite separated in the program.
Thanks for the link from The Motley Fool.
Once I've figured out what to fill in and not to fill in, I've confirmed TurboTax is calculating everything correctly:
- partial-year depreciation for the old rental property
- partial year depreciation for the new rental property
- deducting remaining loan re-fi charges for the old rental property
- calculating adjusted basis for the new rental property (deferring the gain from the old)
Randy
