Form 1099-S for 1031 exchange

[Allen B.]

Hi All, got a bit of a last-minute issue here.

I'm closing on a number of properties over the next three days. The proceeds are being swept together into a 1031 exchange. My question is about how to complete the Form 1099-S that's required.

So far, the closing firms (in Georgia) are putting the proceeds of the sale in Box 2. However, the IRS instructions and a few Google searches seem to say that in the case of a 1031, maybe this should be $0? Here is the text below: (it's the 2021 form but presumably identical)

2021 Instructions for Form 1099-S

If you are reporting a like-kind exchange of property for which
no gross proceeds are reportable, enter -0- (zero) in box 2 and
enter an “X” in the checkbox in box 4.

Can anyone with some 1031 experience clarify this for me? My 1031 provider says that because it's not part of the exchange itself, that they cannot advise, etc, etc.

Thanks,
Allen