1031 exchange

kinsella · Apr 10, 2024 7:27:57 AM

<P>I have used multiple replacement properties to exchange for 1 property. I have a $700,00 gain on the sale of farm land. I have purchased 5 replacement properties and taken some boot. How to I get these replacement values into turbo tax? </P>

Bruno_Mesquita

New Member

I haven't received my 2020 tax return yet, is there still a chance I can receive it?

in After you file

user17524159637

Level 1

Quarterly taxes and long term investment

in [Event] Ask the Experts: Investments: Stocks, Crypto, & More

svmunoz2

New Member

We live in California but are selling our land in Arizona. We want to use this to buy in Pennsylvania -has a gain of approximately $40,000. Pay tax or 1031? 1031worth it?

in State tax filing

Jeff-W

Level 1

Form 8824 / Like-Kind Exchange: are exchange expenses added to the Received property's basis?

in Get your taxes done using TurboTax

lyle_tucker

New Member

1031 exchange - like for like property. does the tax bias also come into play when determining your property exchange?

in Deductions & credits

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