Question
To qualify for a tax-deferred exchange under Section 1031 of the Internal Revenue Code, the properties to be exchanged must be of like kind, such
To qualify for a tax-deferred exchange under Section 1031 of the Internal Revenue Code, the properties to be exchanged must be of like kind, such as
an owner-occupied house for a non-owner occupied house.
a commercial property for an apartment house.
raw land for an out-of-state owner-occupied dwelling.
none of these.
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Management Fundamentals
Authors: Robert N. Lussier
10th Edition
1071891375, 978-1071891377
