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20 pts) Indicate whether each of the following is either: NOT a like kind exchange A like-kind exchange B Grocery store traded for a drug

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20 pts) Indicate whether each of the following is either: NOT a like kind exchange A like-kind exchange B Grocery store traded for a drug store (both used for business assume only the actual buildings and land are involved Truck used in business traded for inventory used in business Land held for investment traded for stock held for investment Rental home held for investment traded for land held for business Warehouse used in business traded for land held for investment An apartment building held for investment and farmland used in a trade or business. Land used in trade or business for an office building used in trade or business. Improved real estate held for investment for unimproved real estate held for investment An airplane used in trade or business for a general purpose truck used in business A personal home for a business building

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