footballjunkie - 11/28/2022 16:53
I know a couple accountants that swear that the those kind of exchanges won't pass the like kind exchange rules. They claim that people have been getting away with it because the IRS lacked the manpower to pursue it but that will change in a couple years.
https://www.irs.gov/pub/irs-news/fs-08-18.pdf
Not sure what part is triggering your accountants' reactions? Seems pretty straight forward and simple to me. |