barrysafeer
Level 3

I understand conceptually how a 1031 Like Kind Exchange works.  My challenge is to know if I am doing it correctly in ProSeries.  Help desk doesn't have subject matter experts to guide me through the process.  I found one article on this forum but it doesn't help me be sure that I am doing it correctly.  Anyone have a good step by step process?  Main thing is that I want to be sure I am entering the proper basis for the new asset and carrying over the postponed gains correctly.  Thank you in advance.

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