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1031 exchange

Level 1
last updated ‎July 29, 2020 12:05 PM

After completing an exchange for multiple buildings, how do you adjust depreciation to agree with 8824

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Level 15
last updated ‎July 29, 2020 12:05 PM

Old basis, plus additional investment then allocated as ratio of FMV of the new buildings to total value.

Former Chump... umm.... AllStar.
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