Question: A(n) Blank______ conversion involves a taxpayer receiving a property replacement for the involuntarily converted property, while a(n) Blank______conversion involves the taxpayer receiving a cash settlement

A(n) Blank______ conversion involves a taxpayer receiving a property replacement for the involuntarily converted property, while a(n) Blank______conversion involves the taxpayer receiving a cash settlement to use toward replacing the involuntarily converted property. Multiple choice question. direct; indirect like-kind; replacement property; cash

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