George4Tacks
Level 15
12-07-2019
05:11 AM
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If you have depreciation, this is likely the article to get you started. https://accountants-community.intuit.com/articles/1628244-how-do-i-enter-a-like-kind-exchange-in-the...
Yes, you do need to file the 3840 for 2018 and every year thereafter until the exchange property is sold.
Answers are easy. Questions are hard!
