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What are the two main requirements for an exchange to qualify for 100% tax deferral? Reinvesting all net exchange proceeds and acquiring property with the
What are the two main requirements for an exchange to qualify for 100% tax deferral? Reinvesting all net exchange proceeds and acquiring property with the same or greater debt Using a Qualified Intermediary and completing the exchange within 1 year Identifying replacement property within 45 days and closing within 180 days Exchanging only residential properties
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
