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Investors & landlords
I have exactly the same situation except I have exchanged in 2024 one of the 4 out of state properties for a partnership interest (UPREIT 721) which were originally exchanged for a California rental property under 1031. I still have 3 out of state properties subject to CA 3840. How may I report on CA 3840 the acquisition of a partnership interest in exchange for contribution of my property interest to the partnership? Thanks.
ā€ˇFebruary 7, 2025
11:28 AM