Which of the following exchanges qualify as like-kind exchanges under Sec. 1031?
a. Acme Corporation stock held for investment purposes for Mesa Corporation stock also held for investment purposes
b. A motel used in a trade or business for an apartment complex held for investment
c. A pecan orchard in Texas used in a trade or business for an orange grove in Florida used in a trade or business
d. A one-third interest in a general partnership for a one-fourth interest in a limited partnership
e. Inventory for equipment used in a trade or business
f. Unimproved land held as an investment for a warehouse used in a trade or business
g. An automobile used as a personal-use asset for marketable securities held for investment
This question was answered on: Sep 16, 2020
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