Like Kind Exchange

Like Kind Exchange

New postby tmayeux on Fri Jan 19, 2007 11:57 am

I just tried to do my first 1031 exchange on Asset Keeper. It asked me for boot paid right after entering the description for the new asset, but it never asked me for Boot RECEIVED. Where do you enter that? How can I edit this transaction, because it is wrong w/o the boot received!
tmayeux
 
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New postby Support on Fri Jan 19, 2007 5:39 pm

You can subtract payment recieved from the boot or edit the cost of the new asset if you've already completed the trade.
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