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Investors & landlords
puzzled, I found this works for me: From the Federal Tax Tab =>Sales of Business Property , Edit , a page “Any Other property Sales?” popup, un-check “Sales of business... check “Any additional like-kind exchange (section 1031)”, then follow the instructions. By doing this way, you will not see a tax change from the gain of selling a property which you exchanged to a different property. If you enter the property sale somewhere else, you will see a tax jump. Sorry about the two previous mess up posts.
June 1, 2019
8:44 AM