In order to exchange properties, which of the following rules need NOT be followed? Properties...
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In order to exchange properties, which of the following rules need NOT be followed? Properties must be of like kind Properties must be held for investment Properties must actually be exchanged Properties must be located in the same state All of the following people can use an installment sale to defer income tax on a capital gain, EXCEPT an attorney at law. a real estate broker. a real estate dealer. a public accountant. 
In order to exchange properties, which of the following rules need NOT be followed?
Properties must be of like kind
Properties must be held for investment
Properties must actually be exchanged
Properties must be located in the same state
All of the following people can use an installment sale to defer income tax on a capital gain, EXCEPT
an attorney at law.
a real estate broker.
a real estate dealer.
a public accountant.
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