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    Federal Taxation
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    Exam 28: Property Transactions: Nontaxable Exchanges
  5. Question
    The Holding Period of Like-Kind Property Received in a Nontaxable
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The Holding Period of Like-Kind Property Received in a Nontaxable

Question 40

Question 40

True/False

The holding period of like-kind property received in a nontaxable exchange begins on the day of the exchange.

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