George4Tacks
Level 15

I like to complete a worksheet for the 1031 before completing software input. There are many worksheets out there. This one is an excel download that I think does a good job. https://www.efirstbank1031.com/documents/Form8824Worksheet.xls

You should carefully review the instructions for ProSeries https://accountants.intuit.com/support/en-us/help-article/partnership/completing-like-kind-exchange-...

#1 Value of the property is full sale price

#2 See #1

Do more work with some worksheet of your own selection https://www.google.com/search?q=1031+worksheet

 

 


Answers are easy. Questions are hard!