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June 3, 2019
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I acquired property in a 1031 exchange, but added extra cash to complete the purchase. Do I report this as an exchange or a purchase?

  • June 3, 2019
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Best answer by Anita01

You report it as an exchange.  you will be asked for any additional property or cash contributed in the exchange.

1 reply

Anita01Answer
Employee
June 3, 2019

You report it as an exchange.  you will be asked for any additional property or cash contributed in the exchange.