Considering a Future Like-Kind Exchange of Real Property?
By: Amanda Wilson If you are considering a future like-kind exchange of real property, proceed with caution. The tax code allows taxpayers to exchange property that they hold for investment or use in business for property of a like-kind without having to recognize the tax gain on the exchange. The gain is instead deferred until the taxpayers … Continue reading Considering a Future Like-Kind Exchange of Real Property?
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