From community responses, I see that there is still confusion on the exact steps to 1) correctly complete form 8824, 2) have TT figure the correct depreciation and cost basis needed for form 8824, and 3) make sure form 4797 is not generated if I had no boot on this exchange, and 4) remove the surrendered property from TT data so that it does not appear on next years Schedule E as an active rental property. Any guidance is appreciated.
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To get to the like-kind exchange section in TurboTax:
To delete Form 8824, follow the same steps, except when you get to the Like-Kind Exchanges screen, select the Delete button next to the item, and then answer Yes on the following screen.
GEN87556
Contact TurboTax support and speak directly with a TurboTax support agent concerning this situation to get step by step instructions ...
See this TurboTax support FAQ for a contact link and hours of operation -https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
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