Investors & landlords

Amy C - 

 

For like-kind exchanges: What line number on form 8824 does the answer to TT's question: "Fair Market Value of the like-kind property you gave up" populate? I had an accountant complete a 8824 with my actual numbers and the only way I can get the expected outcomes to work out in TT is to use the number from 8824 line 17 to answer that TT question and that doesn't seem correct per the form's instructions. 8824 doesn't even ask for the FMV of the like-kind property I gave up... Please help!