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Indicate whether each of the following is either: A) NOT a like-kind exchangeB) A like-kind exchange 27.Grocery store traded for a drug store (both used

Indicate whether each of the following is either:

A)NOT a like-kind exchangeB) A like-kind exchange

27.Grocery store traded for a drug store (both used for businessassume only the actual buildings and land are involved)

28.Truck used in business traded for inventory used in business

29.Land held for investment traded for stock held for investment

30.Rentalhome held for investment traded for land held for business

31.Warehouse used in business traded for land held for investment

32.An apartment building held for investment and farmland used in a trade or business.

33.Land used in trade or business for an office building used in trade or business.

34.Improved real estate held for investment for unimproved real estate held for investment.

35.An airplane used in trade or business for a general purpose truck used in business

36.A personal home for a business building

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