https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/1031-can-be-cancelled/01/2553976#M83631 <P>Hello,</P><P>I sold my property in Aug 2021 and filed form 1031 for exchange. Can I change my mind to just ignore/cancel the 1031, instead I will report as sold and pay for the necessary tax in my 2021 tax return?</P> Mon, 09 Mar 2026 08:56:35 GMT wx_lei 2026-03-09T08:56:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/1031-can-be-cancelled/01/2553976#M83631 <P>Hello,</P><P>I sold my property in Aug 2021 and filed form 1031 for exchange. Can I change my mind to just ignore/cancel the 1031, instead I will report as sold and pay for the necessary tax in my 2021 tax return?</P> Mon, 09 Mar 2026 08:56:35 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/1031-can-be-cancelled/01/2553976#M83631 wx_lei 2026-03-09T08:56:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-1031-can-be-cancelled/01/2554015#M83633 <P>Yes, but you received the proceeds for the relinquished property but never received the replacement property?</P> <P>&nbsp;</P> Sun, 06 Mar 2022 21:24:59 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-1031-can-be-cancelled/01/2554015#M83633 Anonymous_ 2022-03-06T21:24:59Z