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How to properly record the new replacement property in 2022 tax return after a 1031 exchange has beed ALL done?
I filled out the Form 8824 for like kind exchange in my tax return 2021.
This year I am about to start doing my tax return for 2022,
Questions: Do I simply delete the old rental property information in TurboTax
and enter my new rental property info. (OR)
do I just change the info. to the new address etc. (Override it so to speak)
Lastly, Do I need to file Form 8824 again for my tax return?
Topics:
‎February 4, 2023
3:05 PM