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Don't enter the loan amount 'assumed'. I had initially entered the new loan amount I am getting for the loan but I don't think this is applicable since I am not assuming the seller's loan. Without this figure, my figures were in line. TurboTax should have been more specific on adding further clarification on this particular question because it is confused with a persons new loan vs assuming someone else's loan. This causes unnecessary confusion taking me days to figure out that I didn't need to enter it. My relinquish property was valued at $165k and my new purchase was $260k so I definitely did not have any boot (cash) leftover. All my proceeds were used for the down payment of the new home so that question of 'different property received' should not have been a requirement.