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Surrendering land used for business purposes and receiving land to be used for business purposes...

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Accounting

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Surrendering land used for business purposes and receiving land to be used for business purposes (but was used by the original owner for personal use purposes) can qualify for like-kind exchange treatment. True False Question 2 (0.5 points) Listen Surrendering land used for investment purposes and receiving land to be used for business purposes can qualify for like-kind exchange treatment. True False

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