It appears TurboTax (downloaded version/Forms) doesn't have the capability to report an exchange of one residential rental for two residential rentals.I am entering this transaction myself through TurboTax, but I would appreciate feedback from the community on the correct forms that need to be filed.

We file jointly, but I want the investing to be my business in my name.

It's exceptionally rare for rent to not be paid, especially to the point of having to file an eviction. 

YUP I have bought a number of houses at court house steps were the owner said it will never go to sale as I have a buyer.. well buyer is wholesaler who has no money and they cant flip the contract and the poor owner loses their house no time to even file a BK and regroup.. wholesaling is a very sleazy business the way MOST folks do it.. thats why its starting to get attention from the states..

Clearly, I will find a CPA but I'm trying to get ahead of the game and prepare all the things I'll need for tax filing next year. 

I have a fairly extensive summary of GA tax sales process in my notes file — I’ll send to you later if you want it… but I found it in this forum if you want it sooner  

If they end up owing you money, you sue them and then file the judgement as a lien on their new house!

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Beneficial Ownership Information Registry Now Accepting ReportsJanuary 1, 2024Existing Companies Have One Year to File; New Companies Must File Within 90 Days of Creation or RegistrationWASHINGTON – Today, the U.S.

Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file.