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Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Please, Don’t Let This Be a Taxable Exchange! Learning about the Like-Kind Exchange Rule
Section 1031 of the I.R.C. provides that no gain or loss will be recognized when real property held for productive use in a trade or business, or for investment, is exchanged for like-kind real property, also held for productive use in a trade or business...