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michael-ortiz1
Level 1
December 7, 2019
Solved

Lacerte - screen 17- wants to know why 18 program treats trade like a sale instead of tax free and how can he get around that ?

  • December 7, 2019
  • 2 replies
  • 12 views
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2 replies

sjrcpa
sjrcpa
Level 15
December 7, 2019
What is being sold/traded? Why do you think it should be tax free?
The more I know the more I don’t know.
George4Tacks
George4TacksAnswer
Level 15
December 7, 2019

Maybe this is why https://www.irs.gov/newsroom/like-kind-exchanges-now-limited-to-real-property

Answers are easy. Questions are hard!
sjrcpa
sjrcpa
Level 15
December 7, 2019
probably
The more I know the more I don’t know.
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