Re: Where / how to input a Sec 721 Upreit. This is a tax free purchase of an existing property in Sch E by a REIT, which now issues a K1. This is not a Sec 1031 exchange, but a Sec 721 Upreit.

sjrcpa · ‎04-22-2021

Isn't it really a contribution to the REIT in exchange for an ownership interest?

The more I know the more I don’t know.