Multiple Choice
The property to be received in a like-kind exchange must be identified within:
A) 45 days after the transfer of the property relinquished in the exchange.
B) 90 days after the transfer of the property relinquished in the exchange.
C) 180 days after the transfer of the property relinquished in the exchange.
D) There is no time limit to identify the property to be received.
Correct Answer:
Verified
Correct Answer:
Verified
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