Question
How to reconcile Form 8824 with Asset Entry Worksheet (Disposit Section) for Schedule E
My client did an exchange with 3 relinquished rental properties to a replacement rental property. They all should be in one 8824 form.
1. How to put 3 relinquished properties in one 8824 forms with different sold dates?
2. How to handle sold prices?
3. How to handle Asset Entry Worksheet (Disposit Section) for Schedule E, so gains are deferred?
