Like Kind Exchange

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  • October 19, 2015 at 7:15 pm #197638
    Anonymous
    Inactive

    Hi Guys,

    I just joined the forum and I am studying for REG right now…

    I was searching through the forum, and cant seem to find the right answer, but I am trying to understand Like-Kind-Exchanges. The Becker book just gives gives a bunch of examples, which is confusing when you think of all the different scenarios (boot, no boot, gain etc. al).

    Can someone please share a high-level explanation of LKE so it can make a little more sense.

    – See more at: https://www.another71.com/cpa-exam-forum/topic/reg-study-group-q4-2015/page/23?replies=791#post-803442

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