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Investors & landlords
@alienbm wrote:Thanks for any insights.
I am not sure how insightful you will consider this, but the prompt to which you referred (and cannot pass) typically occurs when the fair market value of the replacement property is less than that of the relinquished property.
For whatever it is worth, I tried inputting a few variations into TurboTax Home & Business (sort of the installed analog to Self-Employed) and did not encounter any issues.
If you would like to post numbers (even if hypothetical), I, and others, can attempt to reproduce your results.
‎February 9, 2020
4:02 PM