20075000

[#1]

The following diagnostic is generating: Like-kind exchange(trade) of depreciable asset #X: In order to qualify as a like-kind exchange the replacement property must be received within 180 days after the original property was actually transferred.

[sjrcpa]

That is a correct statement.

[Kenqiu]

Yes but our client lives in California and he qualified for the disaster relief program for 2023, the 1031 exchange did pass 180 days but it should qualify for 1031. 

[sjrcpa]

You didn't say that originally.

Sorry, I can't help with this.

[Kenqiu]

Thank you for your input. If it was your client, what will you do?