Title
Microsoft Word - likekindbasics.DOC
By
raullim
Description
American Bar Association Young Lawyers Division The 101 Practice Series: Breaking Down the Basics © 2007 American Bar Association All Rights Reserved Like Kind Exchange Basics By Jeramie J. Fortenberry If you have a client who is planning to sell, purchase, or construct real property, you should explore the possibility of structuring the transaction as a like kind exchange under Section 1031 of the Internal Revenue Code. Section 1031 allows taxpayers to exchange...

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