Are they like-kind property?

來源: 2024-10-04 10:19:53 [博客] [舊帖] [給我悄悄話] 本文已被閱讀:

https://www.law.cornell.edu/uscode/text/26/1031

(a)Nonrecognition of gain or loss from exchanges solely in kind

(1)In general

No gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment if such real property is exchanged solely for real property of like kind which is to be held either for productive use in a trade or business or for investment.

(2)Exception for real property held for sale

This subsection shall not apply to any exchange of real property held primarily for sale.