Carl
Level 15

Investors & landlords

I ma not at all familiar with 1031 exchanges, and especially not your specific situation of a forced conversion/exchange. But do be aware that if you will have a period of time (looks like several years to me) where the property is not "in service", then with the new property the depreciation will be severely skewed. If upon checking you find that is is "in fact" skewed and wrong, then you will not be able to use TurboTax to report this. The TurboTax program is not capable of dealing with a period of not being "in service" on a rental; especially if that period is more than one year.