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In order to qualify for a like kind exchange under section 1031, which of the...

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Accounting

In order to qualify for a like kind exchange under section 1031, which of the following requirements must be met? A-The form of the transaction is an exchange B-Both the property transferred and property received are held either for productive use in a trade or business or for investment C the exchange can involve livestock of differ sexes D-only A and B E- none of the above

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