Journal Issue:
Agricultural Law Digest: Volume 9, Issue 19
Agricultural Law Digest: Volume 9, Issue 19
No Thumbnail Available
Volume
Number
Issue Date
Journal Title
Journal ISSN
Journal Volume
Journal Volume
Articles
Article
What is "Like Kind"
(
1998-10-09)
The popularity of like-kind exchange treatment has grown in recent years as the rules have become more certain and values of assets have risen relative to the income tax basis in those assets. However, a particularly troublesome question for some farm and ranch property is what is considered "like-kind" for purposes of the statutory provision. In particular, concern has been raised over what is considered like-kind for purposes of transfers involving center pivot irrigation systems, specialty storage facilities and similar types of structures.
Article
Cases, Regulations and Statutes
(
1998-10-09)