The replacement property you receive in a 721 exchange is a new entity that will issue s K-1. You do not link the relinquished DST to the new partnership you acquire in the 721 exchange. You indicate on the DST depreciation schedule that you ceased use of that asset but enter no sales price, it is like a trade.
If you found out otherwise please post on here.
I am trying to figure out if I have to do a 8824 exchange form for this.
