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Form 8824 For Tacoma Washington: What You Should Know
Instructions for the Like-Kind Exchange. Note: A qualifying exchange must be an exchange that uses like-kind exchanges of tangible property, and where the transferor is a domestic corporation. Note: If tangible property is not of like kind, the like-kind exchange may be a qualified exchange (that is, the trade or business was conducted in accordance with U.S. Treasury regulations). A “qualified exchange” may consist of an exchange of property other than tangible property, or a tax-free exchange.
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