I sold a rental property in 2021 via 1031 Exchange, for around $500k using a Qualified Intermediary (QI), and replaced it with one property in 2021 (for approximaltey $250k) and anothrer one in early 2022 (for the remining $250k), within the 180-day time frame. I am using Turbotax Premier, and my questiions are:
1. Do I use a single Form 8824 to report all this?
2. Do I report both transactions as having occirred in 2021, the year I sold my earlier rental property?
3. Form 8824 does not seem to allow me report both PURCHASES in the same form--- should I file 2 Forms 8824 with the same sale reported on both?
I wuld appreciate any helpsuggestions. Thanks
