I need help with filling out a 1031 exchange in TurboTax Premier!
I have completed my tax return except for the 1031 exchange; I actually got a refund at that point. Here is what I have for my 1031 exchange.
I have a rental property given up, HUD statements for buying and selling the property (A). I did make a profit with the sale of property A.
I have a rental property received, HUD statements for buying and selling the property (B). I had a significant loss with the sale of property B.
I filled out Schedule E for the property received (B) up to the day before the sale.
I desperately need help from a 1031 tax expert and knowledge with TurboTax Premier. Thank you in advance for your help.
