1031 Exchange



I did a 1031 exchange where I received cash as the
replacement property was less than the selling price of the
old property.

Would the recognized gain be reduced by the:
closing costs on the new property
selling expenses on the old property
exchange expenses

I assume yes to all as all three reduced the cash (boot)
ultimately received.

Thanks, Kevin
Last edited by a moderator:


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA 1031-Exchange Form 8824 missing 0
1031 exchange 3
1031 exchange 2
1031 exchange 1
1031 Exchange 17
USA 1031 exchange 0
1031 exchange 5
1031 exchange 7