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MikeB201
Level 2
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  • Since this is a 1031, I can't enter a sale date because then it gives me a big capital gain instead of a deferral.
    MikeB201
    1
    Updated Jan 31, 2024
  • I'm still having trouble getting the 2023 depreciation correct for my relinquished property. The response suggests saying I converted the property to personal u...
    MikeB201
    3
    Updated Jan 31, 2024
  • OK, thanks for the advice! Continuing on...When the program asks if I want to report this transaction, do I assign it to a rental (schedule E) and then assign i...
    MikeB201
    Updated Jan 31, 2024
  • Yes, I entered info there which generated the form 8824. But if I enter information in the "your property assets" area, and proceed to "disposition information"...
    MikeB201
    Updated Jan 31, 2024
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