Surrendering land used for business purposes and receiving a building to be used for business purposes can qualify for like-kind exchange treatment. True False Question 13 (0.5 points) Listen In tax, the default is to assume that property exchanges are not taxable events, unless the Code tells you otherwise. True False Question 14 (0.5 points) Listen in a like kind transaction, taxpayers are required to recognize gain or loss attached to any boot in, True False