checkerj
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I ran into this exact same trap, and had both 8824 and 4797 created, as well as a taxable capital gain.Tried to delete the 4797 forms but wasn't able to (TT con...
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THIS is the answer I've been looking for. THANK YOU!!!
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Agreed. This is defect in the logic for the disposition of a rental property. The workflow should ask "Was the sale of this property part of a like-kind exchang...
Activity Feed for checkerj
- Posted Re: 8824 like kind exchange on Get your taxes done using TurboTax. June 10, 2023 11:33 PM
- Posted Re: 1031 Exchange - Capital Gains on Investors & landlords. June 10, 2023 11:21 PM
- Cheered Re: 1031 Exchange - Capital Gains for ianchen23. June 10, 2023 11:09 PM
- Posted Re: My Federal Tax due is showing -$197,858 which is an error because a property was not sold but... on Deductions & credits. June 10, 2023 7:54 PM
- Cheered Re: My Federal Tax due is showing -$197,858 which is an error because a property was not sold but... for lettucewacker. June 10, 2023 7:52 PM