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The principal way to avoid capital gains and depreciation recapture taxes on sale of income-producing property is Select one: a. a 1031 or like-kind exchange.
The principal way to avoid capital gains and depreciation recapture taxes on sale of income-producing property is
Select one:
a. a 1031 or like-kind exchange.
b. sale of the property to a REIT.
c. bequest of the property to the owner's heir.
d. these types of taxes cannot be avoided under the new tax law changes.
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