In order to qualify for like-kind exchange treatment under § 1031,which of the following requirements must be satisfied?
A)The form of the transaction is a sale or exchange.
B)Both the property transferred and the property received are held either for productive use in a trade or business or for investment.
C)Investment property cannot be exchanged for business property.
D)Only a.and b.
E)a.,b.,and c.

Question

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The Answer of In order to qualify for like-kind exchange treatment under § 1031,which of the following requirements must be satisfied?
A)The form of the transaction is a sale or exchange.
B)Both the property transferred and the property received are held either for productive use in a trade or business or for investment.
C)Investment property cannot be exchanged for business property.
D)Only a.and b.
E)a.,b.,and c.

In Order to Qualify for Like-Kind Exchange Treatment Under §