jasieve
Level 3
07-26-2024
09:46 AM
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I am working on a return with a 1031 exchange of rental property. One of the transfers was completed in 2023. The other in 2024, but was identified in 2023, within the 1031 guidelines. How do I set up the new properties on the 4562? How do I allocate the basis from the original property that was exchanged?
Thanks for any help
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