- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I too performed a 1031 exchange in 2020 using form 8824 'Like-Kind Exchanges". The year I received the like-kind exchange was in 2021. The question that I have now is that the transferred property is still showing up as a rental property in Turbo Tax Home & Business. Do I delete it? And do I add the received like-kind exchange since it's not showing up, or do I simply edit the transferred name and rename it since I would think it was never disposed of in Turbo Tax, but exchanged. Hopefully someone knows the answer to this. Thanks in advance - sw
‎January 17, 2022
9:09 AM