77

Question 77 Like-kind exchanges are: 1. Tax free II. Must be business or investment property III. Must meet certain time requirements IV. Require a third party intermediary V. Might be taxable if "boot" is involved VI. Under current law, must be Section 1250 property. O I, II, III, IV and VI None of these O I, II, III and V O I, II, III, V and VI All of these are true