Recording a Two for One Like Kind exchange info.

Hello,  I would greatly appreciate some guidance with recording my information for taxes.  In 2024 I relinquished two residential rental properties and acquired one through a 1031 Like-Kind Exchange.  Opinions vary widely on how this should be recorded. I'm using TT Desktop.  I had NO mortgage on relinquished properties, but took  out mortgage on acquired property.  Currently Fm 8824 records are:

Section I.

Line 1. Both relinquished asset addresses. 

Line 2. Acquired asset.

Line 3. 09/01/08  ( Earliest acquired date of the two relinquished assets)

Line 4.  5/15/24    (Date first asset was relinquished)

Line 5.  6/6/24   (Identified asset to acquire {this is also the date second asset was given over})

Line 6.   6/21/24 (New asset acquired )

In section III.

A, C, and F, $650,000 The FMV of acquired asset.

G  $455,000 the combined amounts from relinquished assets

     Along with a summary noting the sale prices $255,000 and $200,000  and description of the relinquished         assets.  

If that is correct, I now have the closing costs to account for.  

I have:

Agent commissions

Title search

Title Ins.

I gave a credit to my buyer

points and origination fees on my mortgage

Taxes,

incidental fees from closing agents

Surveys

etc.  

What do I do with all that?  Do I take all these costs and put them in the depreciation schedule?  Do I lower the sales price of relinquished assets to account for these costs.   

 

Thank  you for your help.

 

Respectfully!