I am still confused.
Thanks for the quick reply
Regarding "any cash-boot you received", which of the following do you mean
- The cash which was in put in my exchange escrow account after the old property was transferred to the new owner, or
- the cash I actually received after the whole exchange was done (i.e. the leftover cash in my exchange escrow account after paying down payment / cost to acquire the replacement property), or
- the amount from old property's selling price, minus old property's loan balance at closing, minus the down payment amount for the replacement property, or
- any other definition of "cash received" in section "different property received"?
