For the following exchanges, indicate which qualify as like-kind property. a. Inventory of a sporting...
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For the following exchanges, indicate which qualify as like-kind property.
a. Inventory of a sporting goods store in Charleston for land in Savannah.
b. Investment land in Virginia Beach for office building in Williamsburg.
c. Used automobile used in a business for a new automobile to be used in the business.
d. Investment land in Paris for investment land in San Francisco.
e. Shares of Texaco stock for shares of Exxon Mobil stock.
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