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What effect did the Tax Cuts and Jobs Act have on like-kind exchanges? A) Properties outside of the U.S. now qualify for like-kind treatment; B)

What effect did the Tax Cuts and Jobs Act have on like-kind exchanges? A) Properties outside of the U.S. now qualify for like-kind treatment; B) Exchanges involving personal property no longer qualify for like-kind treatment; C) An exchange of investment property for business property no longer qualifies; D) Receiving boot will not trigger recognition of gain

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