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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
If each party in a like-kind exchange assumes a liability of the other party, only the net liability given or received is boot.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
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7 years ago
Perfect Person Raising Both Hands in Celebration
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