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can I use Turbo tax premier 2024 to handle 1031 exchange which sold one property to buy two properties?
I have Turbo tax premier 2024 desktop version.
I want to file 1031 an exchange which I sold one property to bought two properties.
- I sold one delinquent property in 2024, and bought two replacement properties in 2024, followed by 45 days and 180day requirement
- I was able to go through like-kind exchange (Exchange 1031) to file Add exchange for 1 to 1 exchange, but not able to do 1 to 2 exchanges, because TurboTax did not prompt any questions to ask the 1 to 2 exchange scenarios.
To solve my problem, I have worked with 3 live experts and spend at least 2 hours for each of them in the last few days. But no one can guide to through 1 to2 Exhange successfully.
I am wondering if I should upgrade to business version.
March 9, 2025
1:06 PM