1525959
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Problem with Different Property Given Up screen in 1031 exchange

I am entering the information for my 1031 exchange and when I come to the "Different Property Given Up" screen, I answer no, but it still takes me to another screen where it wants me to enter what I received in addition to the first property or cash. It won't let me go past this screen. The error message says it must add up to $53,342.  

 

I sold a property for $511,900 and bought a new one for $575,000. I didn't have any other different property included in the transaction except for the $850 exchange company fee. The loan for the new one was higher than the loan for the old one. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Problem with Different Property Given Up screen in 1031 exchange

I cannot reproduce your results with only the figures you have provided. If you are still experiencing difficulty, you might want to contact Support (link below) during regular business hours.

 

https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question