George4Tacks
Level 15
08-10-2023
09:18 AM
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From your descriptions, $300K is taxable.
There are many worksheets available. I have Tax Tools and it has a wonderful worksheet. The internet also has many, such as https://www.efirstbank1031.com/documents/Form8824Worksheet.xls
Do a worksheet first. You will also need to create spreadsheet to allocate the exchange to the 3 replacement properties.
Answers are easy. Questions are hard!