omartyne: I had the same problem. There was no 1 specific line to enter the gross value on the 1099-S. I am hoping IRS sees that I have a 1031 exchange. As to the gross value of the sale - for me, I had to allocate the sales price against multiple assets... not just against the initial purchase price. So my gross sales price was allocated to the disposition of ALL my detail asset worksheets under the one property. Again - the problem I had was on the disposition of the primary property when the disposition value was GREATER than the purchase price, Turbo tax wanted to calculate a capital gain. I just plugged any random number in the sales expense (additional to real disposition expenses, like 1031 exchange fee, closing costs, etc) to make the capital gain value Turbo tax calculates to net to zero. 100% not correct. But the whole purpose of the 1031 exchange is to push the capital gain down the road. Again - not technically correct, but that was my work-around. Hellow IRS. I will explain it all if I get audited. Not afraid of telling my truth later.
