I am entering a 1031 exchange in Lacerte for a partnership that carried the note on the property that was sold. Where do I report the installment sale portion in Lacerte? Is it entered in the 1031 exchange wizard? I am entering from the depreciation schedule.
Installment sale: https://proconnect.intuit.com/support/en-us/help-article/form-8949/generate-form-6252-current-year-installment-sale/L3qy9saB6_US_en_US?uid=l7sgar4h
The note carried back is consider cash received in computing the 1031 sale. Do a 1031 worksheet to see if it even qualifies. https://proconnect.intuit.com/support/en-us/help-article/form-8949/generate-form-6252-current-year-installment-sale/L3qy9saB6_US_en_US?uid=l7sgar4h
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