George4Tacks
Level 15

The 1031 should be solely in 2022, when the property is sold. The sale property was still in service all of 2021 and did not sell until 2022 when it's depreciation would end. 

The replacement property was not in service until it was swapped with the relinquished property, so it would not be depreciated until 2022.

Who owned the replacement property in 2021?


Answers are easy. Questions are hard!