Vic_R
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@mw29See reply above, but basically remember the adjusted basis of the property given up (which you use to calculate the gain you intend to defer ) is carried f...
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@mw29No, I used the " new basis" which is calculated on 8582, line 25. I read multiple publications which convinced me I had been doing this wrong. This was a w...
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@Think57Hi there, I also spent a ton of time reading and thinking about all this and created my own spreadsheets etc. to make sense of it all, and I have finall...
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@AmyC@Anonymous_@Husam22@ericttIt seems pretty clear that yes your new depreciation schedules should be based on the new adjusted basis for the replacement prop...
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@AmyCFollowing up. I split the "new basis" (calculated on Form 8824) for the replacement properties equally based on the percentage to the total price. From a s...
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- Got Cheered for Re: 1031 Exchange for Rental Property: end-to-end question. March 28, 2022 6:38 AM
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- Cheered Re: Lender fees on a Rental purchase added to basis or Amortized as Intangibles?? for ColeenD3. April 17, 2020 7:31 AM
- Posted Re: Depreciation Cost Basis for 1031 real estate exchange on Investors & landlords. April 4, 2020 4:17 PM
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- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. April 1, 2020 7:51 AM
- Posted Re: Depreciation Cost Basis for 1031 real estate exchange on Investors & landlords. April 1, 2020 5:55 AM
- Posted Re: Lender fees on a Rental purchase added to basis or Amortized as Intangibles?? on Investors & landlords. March 31, 2020 3:21 PM
- Posted Lender fees on a Rental purchase added to basis or Amortized as Intangibles?? on Investors & landlords. March 31, 2020 1:00 PM
- Posted Re: You can enter them as an asset, choosing Other as the typ... on Investors & landlords. March 31, 2020 12:54 PM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. March 28, 2020 12:56 PM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. March 27, 2020 4:21 PM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. March 27, 2020 4:13 PM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. March 27, 2020 11:40 AM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. March 26, 2020 11:53 AM