Multiple Choice
Brett owns investment land located in Tucson, Arizona. He exchanges it for other investment land. In which of the following locations may the other investment land be located and enable Brett to qualify for § 1031 like-kind exchange treatment?
A) Mexico City, Mexico.
B) Toronto, Canada.
C) Paris, France.
D) Only a. and b.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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