Question: When a taxpayer is released from a liablily in a like - kind exchange, the amount of the release. ( A ) Never triggers gain

When a taxpayer is released from a liablily in a like-kind exchange, the amount of the release.
(A) Never triggers gain recognition.
(B) Is treated as boot and may trigger gain recognition.
(C) Always triggers a gain to be recognized.
(D) Does not affect the like-kind exchange in any way.
When a taxpayer is released from a liablily in a

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