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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 13: Part 1--Property Transactions: Determination of Gain or Loss,basis Considerations,and Nontaxable Exchanges
  5. Question
    The Holding Period of Like-Kind Property Received in a Like-Kind
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The Holding Period of Like-Kind Property Received in a Like-Kind

Question 75

Question 75

True/False

The holding period of like-kind property received in a like-kind exchange includes the holding period of the property given up.

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