2050607

[#1]

The following diagnostic is generating: Critical diagnostic" Under the newly enacted Tax Cuts and Jobs Act, like kind exchanges completed after December 31, 2017 are limited to exchanges of real property that are not primarily held for resale. A transition rule does provide relief..... Solution: Enter a "1" in the Form 4797 section for Blank=1245, 1-1250, 2-1252...

[sjrcpa]

So if it's Real Estate, enter the 1. 

if it's not, then no 1031 exchange.