@malletshop ,
I'm confused by the dates in your post. If you gave up a property in 2020, but received a property in 2021; the exchange would have been for TY2021. Why (and how) did you file an 8824 for TY2020 when the exchange did not take place yet? 1031 exchanges are tricky timewise. You may need to consult a CPA on this one, especially to ensure that you are meeting the 45-day and 180-day rules.
When entering the new property for Schedule E, you should use the date you acquired the new property (or put it into service). The property will be depreciated as normal, but will use the exchanged value (from form 8824) as the cost basis.
