Thank you for your reply!
I would like to confirm that I am not required to report the 1031 exchange funds. I wasn’t confident your reply was answering the 1031 exchange question or was answering the step up of cost basis/acquired date (I understand this). I have re-worded my question below.
My spouse and I purchased a rental property with like kind 1031 exchange funds 15 years ago. The spouse passed away and I inherited the rental. In 2017 the cost basis and acquired date were stepped up based upon the inheritance date. The property was then sold in 2019. Is reporting still required of the 1031 exchange funds?
