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    Federal Taxation
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    Exam 12: Property Transactions: Nontaxable Exchanges
  5. Question
    In a Like-Kind Exchange,both the Property Transferred and the Property
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In a Like-Kind Exchange,both the Property Transferred and the Property

Question 22

Question 22

True/False

In a like-kind exchange,both the property transferred and the property received must be held either for productive use in a trade or business or for investment.

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