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Updated almost 6 years ago on . Most recent reply

User Stats

87
Posts
16
Votes
John Chapman
  • Investor
  • Pullman, WA
16
Votes |
87
Posts

Reporting of Sold Property in a 1031 tax deferred exchange

John Chapman
  • Investor
  • Pullman, WA
Posted

I did a 1031 tax deferred exchange in 2018.  I sold three properties which closed on 11/1/2018 and I closed on the purchased property on 11/13/2018. I completed form 8824 and have documented the adjusted basis for the three properties that I sold on a separate page ( a requirement for a multi-asset exchange) which I will attach to my return.

Do I need to file a 4797 ( Sale of business property) for each of the properties that I sold since it was an exchange and not a sale? I never received a 1099-S from my title company or broker.

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