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Client traded a rental for interests in several rental units. I can't figure out how to repiort this in Lacerte. Any suggestions?
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You will have to create an attachment to show the one for many 1031. The input in Screen 17 for Multi-Asset Exchanges is used to create summary numbers for your attachment. This link might help https://accountants-community.intuit.com/articles/1607474-using-the-like-kind-exchange-wizard-for-ex...
FYI - In the future pick Lacerte as your topic and will end up with more responses in a much more legible "old" forum.
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Thank you George 4 .
Very helpful.
Larry
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In Lacerte how/where do you enter 1031 exchange 1 property into 3?
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https://proconnect.intuit.com/community/federal-taxes/help/entering-a-like-kind-exchange/00/3634
Answers are easy. Questions are hard!
