- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to handle Settlement cost for Sale and Purchase of a 1031 Exchange
I did my first 1031 exchange last year and the QI handled the sale and purchase.
I have settlement cost on the sale and purchase that were factored into the 1031 Exchange proceeds.
I entered these costs into the worksheet for the 8824 EXCHANGE EXPENSES line item.
The question is, do I also enter these settlement cost line items into the expenses for each of the exchange properties?
Topics:
‎February 23, 2023
5:57 PM