Question: Like Kind Exchanges Discuss: (1) like kind exchange transactions & the tax reason behind such transactions, (2) basis of property received as boot in such

Like Kind Exchanges Discuss: (1) like kind exchange transactions & the tax reason behind such transactions, (2) basis of property received as boot in such a transaction, and (3) identify the type of properties qualifying for such an exchange transaction. NOTE: For full credit: Do not cut, paste, or "parrot" your response. Provide one main post and at least two thoughtful comments/questions/question answers.

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