George4Tacks
Level 15
07-20-2020
08:23 AM
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"purchase of a restaurant" means what? Purchase of a building that the client will be landlord of, or purchase of a business that the client will be running, or purchase of the whole shebang?
Basic concept of like kind is sell a piece of real estate and buy another piece of real estate. Start buying equipment and goodwill with the deal and you begin having difficulties. @singh needs to be clearer in the statement of the question.
Answers are easy. Questions are hard!