TaxGuyBill
Level 15
06-22-2020
04:35 PM
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I'm a ProSeries user, so I may not be much help, but you are you able to enter a 'new' Like-Kind exchange without linking it to the current asset? It might be easier. That way you can enter the actual numbers that you want (the Adjusted Basis, $650,00 sale price and $730,000 purchase price), and the program won't get confused with the residential portion.