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1031 exchange - few questions
I am using Turbo Tax Home and Business Desktop edition(Windows). Sold one rental property and bought two following 1031 like kind of exchange. But it seems there is no way I can enter the 2nd property. Another issue, the rental property that i sold was my primary residence in the past which qualifies for some profit to be partial exemption(during last 5 years - 6 months it was primary residence and remaining 4.5 years - rental property). So how to do this? I don't want my partial exemption to be considered as boot.
thanks in advance.
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‎November 24, 2022
8:34 PM