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Investors & landlords
in the 8824 you must link it to the schedule E worksheet
in the property section enter only the sales date
evidently Turbotax does not create a new property worksheet for the property received in exchange. you are on your own
also Turbotax may not be tracking the depreciation taken on the property given up, That does not go away and is subject to recapture should the property be sold directly or in a nonqualifying exchange.
‎February 7, 2024
10:08 PM