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Investors & landlords
I did use a "1031 Exchange.com"; however, the principals are in jail on corruption charges. I traced the attorney who corresponded with us and found his telephone number; however, after multiple calls, I never received a response.
I do use TurboTax Premier on my desk top and have tried to fill in form 8824, but some questions were very vague and after looking on the filled out form I just double my taxes! I also tried to delete the previously filled out forms 4797 (page 1 & 2) to no avail.
The form 8824 seems to take care of the given-up property; however, the loss of the property received is never addressed. At least that I can see.
‎April 10, 2020
9:28 AM