A 1031 exchange needs to be set up prior to sale, all monies from the sale would be keep in escrow managed by a third party for the replacement property.....is this sale that occurred part of a 1031 exchange? A 1031 exchange can be complex to report on a tax return.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
