For a 1031 exchange how do you enter a partial interest in the original property that was exchanged? Do you input the full amounts or partial interest amounts?
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1 Best answer
DDollar
Expert Alumni
May 31, 2019 10:50:55 PM
You would enter only the amount that represents your ownership interest. For example, if it was a rental property that you owned half of and it was sold for $200,000 you would treat it like it was $100,000.
1 Replies
DDollar
Expert Alumni
May 31, 2019 10:50:55 PM
You would enter only the amount that represents your ownership interest. For example, if it was a rental property that you owned half of and it was sold for $200,000 you would treat it like it was $100,000.