1031 Exchange Deferment

Forum|Forum|1 month ago
July 16, 2026
6 replies
85 views

Does any know why my gain is not deferred to my new property? I did the sale from the Rental and then did the 8824 form and attached it to that property but it’s still showing the gain on Schedule D. Did I do something wrong? Or in the wrong order?

Cynthia

ProSeries Professional

George4Tacks

Level 15

https://accountants.intuit.com/support/en-us/help-article/partnership/completing-like-kind-exchange-business-returns/L5wvIcVFR_US_en_US?uid=mrni7z6s

Answers are easy. Questions are hard!

Just-Lisa-Now-

Intuit Community Champion

Did they buy a new property for the same amount as they sold the original property?

Without any facts and figures its just a guessing game for us.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

A

Accurate TaxesAuthor

Level 2

Actually bought 2 properties for more than the sales price.

Just-Lisa-Now-

Intuit Community Champion

Are you putting the whole thing on one 8824? Is it showing taxable boot? Its been a few years since Ive had one, I think the last one I did was a 1 for 4, but I did the whole thing on a single 8824, then just split out the new basis’ into 4 new Sch E worksheets.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

Terry53029

Intuit Community Champion

As Lisa said, without facts and figures it would be impossible to help you

George4Tacks

Level 15

There are a number of 1031 worksheets out there. My choice is to spend a few $$ and get a lot of Tax Tools! Other freebies are https://www.1031specialists.com/form-8824-worksheet-calculator and https://www.realized1031.com/1031-exchange-calculator

This may also help https://accountants.intuit.com/community/proseries-product-discussions-9/1031-exchange-2-for-1-ive-done-a-1-for-4-before-and-it-went-really-smooth-struggling-with-this-one-70204?srsltid=AfmBOoprYGNDYVNIbMMh6WZjwQ64dPJm264LaVDdtaSqCKS577j8_jXf

Answers are easy. Questions are hard!