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1031 Exchange

HB3
Level 1

I have a 1031 exchange and the old property has suspended losses.  How do I move the suspended loss to the new property?

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
down near the bottom of the new Sch E worksheet, you should be able to key in prior year suspended losses. Theres an entry table for it.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
HB3
Level 1

how do you remove the suspended losses on the property that was traded?

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