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    Concepts in Federal Taxation
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    Exam 12: Non-Recognition Transactions
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    Which of the Following Qualify as a Like-Kind Exchange
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Which of the Following Qualify as a Like-Kind Exchange

Question 42

Question 42

Multiple Choice

Which of the following qualify as a like-kind exchange?
-An airplane for a duplex apartment.


A) qualifies as a like-kind exchange
B) does not qualify as a like-kind exchange

Correct Answer:

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