Property swap – Defer capital gains taxes with a like-kind exchange
$225.00
Description
Abstract: If a person is planning to sell highly appreciated business or investment property, he or she is likely bracing to pay taxes on the capital gain. A like-kind exchange may allow a person to trade the property for another one that better suits his or her needs and defer payment of capital gains taxes that might otherwise be due on the sale of the assets. This article defines a like-kind exchange.
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