1030 exchange

[malwinder1]

One rental property sold and second rental property purchased in 90 days, how 1031 worksheet to be linked in ProSeries Professional

[Just-Lisa-Now-]

Did they use a 1031 intermediary  to hold the money in between the sell and buy? 

If the money touched their hands, they sold a property then bought another, its not a 1031 exchange. The money must be held by a 3rd party.

1031 exchanges are reported on Form 8824.

https://proconnect.intuit.com/community/individual/help/1040-completing-a-like-kind-exchange-of-busi...