Why might a taxpayer want to avoid having an exchange qualify as a like-kind exchange?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 11, 2015 02:28 AM

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Why might a taxpayer want to avoid having an exchange qualify as a like-kind exchange?

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A taxpayer may want to recognize a loss on the exchange The taxp...View the full answer

Federal Taxation 2016 Comprehensive

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