For the Following Exchanges, Indicate Which Qualify as Like-Kind Property

Essay

For the following exchanges, indicate which qualify as like-kind property.
a. Inventory of a sporting goods store in Charleston for inventory of an appliance store in Savannah.
b. Inventory of a ladies dress shop in Cleveland for inventory of a ladies dress shop in Richmond.
c. Investment land in Virginia Beach for office building in Williamsburg.
d. Used automobile used in a business for a new automobile to be used in the business.
e. Investment land in Paris for investment land in San Francisco.
f. Shares of Texaco stock for shares of Exxon Mobil stock.