AmyC
Expert Alumni

Investors & landlords

1. Premier supports Form 8824 to handle the 1031 exchange. DST is not an issue.

2. You will allocate it among the 3 properties. I have an example for two properties and entry help here.

3. Yes, to generate the k1 forms needed, use TurboTax Business. You will answer the questions in the program. Here is my favorite IRS website to help: Small business.

4. You can easily upgrade to  live assistance when using the online version. It is not available for the cd/download version. 

 

The cheapest method if you already purchased the cd:

You can start in the online version and if you need help, upgrade. If you don't need help, save the tax file to your computer and use your cd to finish up and file. See How do I switch from TurboTax Online to the TurboTax software?

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