@krupacreative is right - that gain is what would be showing if you did no exchange. So you should go back in and check those entries.
You can also add up all of the costs that you have for closing on the properties and then renovating and repairing prior to the property being available for rent. Once it is on the market you can either add all those costs to the basis or create a separate asset (call it 'set-up costs' or 'start-up costs' or something) and depreciate that asset separately over the same 27.5 year period.
So, your basis on the properties, which can be spread out over the three however is best for you to manage using that 90/10 rule, should be the basis on the property you exchanged, plus the gain on the new property plus the costs to renovate and set up the property.
@ScottTS
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