Can Turbo Tax Premier calculate automatically a 1031 exchange where 1 property is sold and 2 properties are acquired?

[sovadiya]

I am using Turbo Tax Premier and in 2017 I did a 1031 exchange where I sold 1 property and purchased 2 properties. I am unable to enter this scenario in Premier. It seems like it only allows 1 property to be exchanged. Is there a way to accomplish this either in Premier or in Turbo Tax Business? I am willing to upgrade to Business if it can be done.

[Anita01]

You cannot use the Business program for an individual return.  since 2 properties were on one side of the exchange, you would add together the information on the two properties in the program.  For example, exchange costs would just be one number for the costs for both properties.  The values that make the exchange tax-free would be the values of both properties acquired.

[john-ct]

I agree with Anita.  As TTax can't cover everything (like discounting a PM mortgage you gave someone).  When you have situations like this, you just have to prepare you own worksheets and just enter the results.