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January 27, 2025
Question

If I have more than one like-kind property, how do I enter it?

  • January 27, 2025
  • 1 reply
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    1 reply

    January 27, 2025

    You enter each property received separately with the same start date as the original asset and splitting the basis that transferred from the original asset among the received properties.

     

    Here are some more detailed instructions.

     

    @phatfonx 

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