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Investors & landlords
If you completed a proper 1031 exchange of one property for 2 properties then you will need to use the TT Downloaded/CD version and make overriding entries in the FORMS mode. You must know exactly what forms you need to use and which figures to enter and where. The overrides will keep you from efiling and will void the accuracy guarantee. With this in mind I highly recommend you either upgrade to one of the LIVE options where the professionals do the return for you OR seek local professional help for this tax year.
‎June 15, 2023
5:32 AM