Hello Lisa,

Thank you for your input, sorry to bother your again,

Here is the fact, client sold the first property with a 1031 exchange and sold another rental property with gain and this property is not in 1031 exchange, as per IRS reg. we need to carry over relinquished properties PAL loss to replacement property. But when I input 2nd property gain information it absorbed all the PAL from relinquished property loss as well.

Do you think I am doing the right way, or just simple override the software.

Best

Moine