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"Liabilities at Closing" for a building we sold and then did a 1031 Exchange with
We had an interest in an Apartment Building DST which we treated as an independent piece of real estate investment property that we filed a Schedule E for every year. The sponsor sold the building on 7/20/2023. In early 2024, we received from the sponsor the annual tax document for 2023. The tax document listed our share of the amount of "Liabilities at Closing" as $125,587.
Also in 2023, within a week after the sponsor sold the building, we did a 1031 exchange into another DST apartment building investment opportunity.
In completing the Schedule E for this investment, and the Form 8824 for the 1031 Exchange, I did not see any place/entry field to use this "Liabilities at Closing" number. I am assuming that this is a balance sheet number. It is not to be used for depreciation or amortization, or to be listed as an expense. Should I be using this number somewhere in the Schedule E or 8824, or is just given to us for our information?
Thank you in advance for your assistance.