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@rab77 wrote: can it be accomplished without a mediator, or a third party.     In most cases, no.  But in cases like yours, yes.   In most cases, the person receiving your property isn't the same that that is giving you their property.  That is why most cases need a third-party intermediary (which also allows timing differences).   But in your case, it sounds like the person receiving your property is the same person that is giving you their property, in which case a third-party intermediary may not be needed.    I suggest that you go to a good tax professional to look at the situation, as well as to advise you of anything else that may apply to you.  

@clickdude1 wrote: Purchase from frys electronic See this TurboTax support FAQ for the license code - https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-system-requirements/find-license-code/L4GHDgGpr_US_en_US?uid=mc7y1iat

Thanks. Sorry, did not realize. As you can tell, I have not had to deal with state sales tax before. Thank you for the info. Where do I go to find information on thresholds, how to file, etc? I'm pretty lost. Not sure what your experience is, but when you say "outside service" do you have a recommendation for how to find this for an online e-commerce selling platform?

This forum is for income tax questions. We can't help you with sales tax. Here are some basic answers to your questions. You will have to look elsewhere for the details. "I am only selling from a state that does not have sales tax (NH). What does this mean for me? I do not have a very high volume of sales at this point" It means that you do not have to collect sales tax on sales to customers in New Hampshire. Being in a state that does not have sales tax has no effect on your obligation to collect sales tax on sales to customers in other states. Sales tax is charged at the location where the product is delivered, not where the seller is located. "I have heard I need to have "nexus" in a state before I even have to worry about submitting/filing anything. Is that true? If so, what are those thresholds?" Yes, that's true. The thresholds are different for each state. "If I do need to file sales tax for independent states, how and at what frequency do I do this?" The requirements are different for each state. If you do have to collect and remit sales tax in a particular state, you are generally required to register with that state. We haven't even touched on the issue of determining the correct sales tax rate for each location that you deliver a product to. In many states, the sales tax rate is not the same for the whole state. There are local sales taxes that vary depending on the specific location. A particular item might be taxable in some states and not in others. So you have to answer three questions for each sale. Are you required to collect sales tax for the state that the product is shipped to? Is the product taxable in the state that you ship it to? What is the sales tax rate at the location that the product is delivered to? All of these complications are the reason that you need to rely on an outside service to handle sales tax for you.  

@AmeliesUncle wrote Why is it not a 1031 Exchange?   Yeah, I don't get this either. A 1031 Exchange is business/investment like-kind property (real property now) for business/investment like-kind property, which appears to be the case here. It also appears that the property to be relinquished and the replacement property have the same FMV and there doesn't appear as if there will be any boot.   @rab77 may want to contact a local intermediary (QI), however, to facilitate the exchange of the deeds.

The IRS is concerned with your federal tax, not your state tax.   So....are you having an issue with your state tax return?  When you filed your federal return did you e-file state at the same time?   Were both returns accepted?   When you e-file your return you will get two emails from TurboTax.  The first one will say your return has been transmitted; the second one will tell you the IRS has accepted  or rejected your federal e-file.  If you filed a state return, there will be a third email (usually a day or two later) that tells you if the state e-file was accepted or rejected.   Check your e-file status:   https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Your vulgar comment has been reported to the moderators.