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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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Like Kind Exchange
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Barryikeda
Level 1
10-15-2020
02:48 AM
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How do you enter a like kind exchange when you don't have the replacement property yet?
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rbynaker
Level 13
10-15-2020
06:40 AM
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If we're speaking practically, at this point it's been longer than 6 months so you either have the replacement property by now or you don't have a LKE.
If we're speaking hypothetically, file an extension.
