JonLGlanz
New Member

1031 Exchange

Exchanged into upleg property in 2015. Sold property using Land Contract in2016. Purchaser defaulted in 2019 and abandoned Land Contract. In 2016, 2017, 2018,  I did not take any depreciation expense on property. Selling property in 2020. I want to exchange into another real estqte investment. How do I structure this convoluted mess?