Barry is very dedicated to the arts and has made a career of purchasing copyrights to various
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Barry is very dedicated to the arts and has made a career of purchasing copyrights to various art forms. Once purchased, he publicizes these works to capitalize on the copyrights and has been very successful. Last year, he acquired a book manuscript that he believes would be better suited to a mainstream publisher.
He approaches a publisher about trading the book copyright for the copyright on the words and music for a new musical comedy that he heard the publisher had acquired.Will the exchange qualify as like-kind exchange?
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Related Book For
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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