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Eastern Kansas | Doing a little research on 1031 exchange of livestock. What would you consider to be "like-kind" property?
Doing some internet reading and there is a website using the following definition. Would you agree livestock can be 1031'd into land?
"Historically, the following can be considered “like-kind” properties of livestock:
Farms, Timberland, Water and Ditch Rights, Mineral Rights and Royalties, And more" | |
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1031 Exchange of Livestock
