MCWinters
Level 3
03-01-2020
04:22 PM
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I have a client who completed a 1031 Exchange at the end of 2018 (sold one property and identified and purchased a single replacement) . In 2019, they received a small refund of funds that were not distributed in their 1031 Escrow account. The total is approximately $1,600. I am not sure how to record this on the 1065.
Can anyone point me in the right direction.
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