Posts Tagged ‘like kind’
Exchange Lets You buy, Sell Tax-Free
Question: Our family has owned 40 acres of farmland in Buckeye since the 1940s. The market for farmland in Buckeye is improving and we should make a substantial profit if we sell. We have been told by our CPA that we should sell this land and then buy shopping-center land for long-term development near…
Read MoreCan I swap Pinetop Land for FH Home?
Question: We originally intended to build a home on 5 acres of vacant land we bought in Pinetop several years ago. We now want to be closer to our elderly parents who live in Fountain Hills, and we are thinking about buying a home in Fountain Hills. If we trade the Pinetop land for…
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