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posted Jul 3, 2020 1:12:19 PM

How do I enter 1031 rental prop exchange? I'm using the online version; see no options in property sale- deductions area, etc. Split proceeds for 2 new rentals

to be clear, used proceeds to partially fund down payments on 2 new rentals. Thanks!!!

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1 Replies
Level 13
Jul 3, 2020 1:33:34 PM

In the desktop version you click on the "Sale of Business Property" interview then tick the box on the next page the tells TT you have a 1031 exchange.  I assume the online version is similar.