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How do i do a tradein for a business vehicle

samees1mom
Level 1
 
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sjrcpa
Level 15

You treat it as a sale.

The more I know, the more I don't know.

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2 Comments 2
sjrcpa
Level 15

You treat it as a sale.

The more I know, the more I don't know.
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IRonMaN
Level 15

For federal purposes, you don't.  With the new and improved tax laws only real estate qualifies for like kind exchanges.


Slava Ukraini!
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