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  3. Study Set
    Federal Taxation
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    Exam 13: Part 1--Property Transactions: Determination of Gain or Loss,basis Considerations,and Nontaxable Exchanges
  5. Question
    If There Is a Realized Gain on a Like-Kind Exchange,both
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If There Is a Realized Gain on a Like-Kind Exchange,both

Question 128

Question 128

True/False

If there is a realized gain on a like-kind exchange,both the receipt of boot and the giving of boot result in part or all of the realized gain being recognized.

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