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Reverse Exchange and Filling out 8824

 

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Reverse Exchange and Filling out 8824 Tax.Smith@gmail.com 11-17-2006
Posted by Tax.Smith@gmail.com on November 17, 2006, 1:39 am
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I have a reverse exhange situation....

1. I am doing a REVERSE 1031 Exchange
2. Replacement property is held by Exchange Accomodation
Title holder on 6/20/2006
3. Relinquished property is identified 7/10/2006
4. Actual exchange of properties occurs on 8/15/2006

What dates do I put on Form 8824 lines 4, 5, and 6?

The language and instructions point to a straight exchange
and not to reverse exchange and so I am puzzled. Any help
will be appreciated.

Smith

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