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jds108
New Member

Sold rental property as a 1031. Where to enter the sales info?

 
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SharonD007
Expert Alumni

Sold rental property as a 1031. Where to enter the sales info?

Refer to the TurboTax Help article Where do I enter a like-kind or Section 1031 exchange (Form 8824)? for navigation instructions.

 

 

A 1031 exchange allows real estate investors to defer their capital gains taxes by reinvesting the proceeds from the sale of one business or investment property into a new Like-Kind property.  Review the TurboTax article 1031 Exchange: How it Works for more information.

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