1031 Exchange sold and purchase in different year

[eric6688]

I did a 1031 exchange on my property and it was sold  in Nov 2021 and purchase of the new property was  completed in March 2022.  Do I report the sale in 2021 filing?  or should I report the sales in 2022 because of 1031 exchange complete in 2022?  Thanks in advance

[Mike9241]

see this link.  you report in 2021 but you use form 6252 to report the sale on the installment basis because the funds are being held by the QI until you close on the replacement property.

https://www.realized1031.com/blog/how-to-report-a-1031-exchange-on-your-tax-return#:~:text=If%20the%... .

[eric6688]

Thanks for the info will take a look. Much appreciated