@AmyCHello! I deleted the old property information and entered the replacement property as a new rental property. Is it safe to say I should put in the line ite...
Hello! Thank you for the reply it was helpful. I do have one last question:Last year when I filled out my form 8824 line item#25 (Basis of like kind property re...
Okay - so is it safe to say if I filled out the Form 8824 correctly on my federal return than if I had any gain from 1031 exchange than it would flow into NJ st...
Would you know if the 1031 Exchange Rules apply to federal and state tax returns? I know I can defer the gain for federal purposes - but not 100% sure for my Ne...