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If Related Taxpayers Exchange Property Qualifying for a Like-Kind Exchange,the

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If related taxpayers exchange property qualifying for a like-kind exchange,the properties must be retained for three years after the exchange to prevent recognition of gain resulting from the original exchange on a subsequent disposition of the property.


Definitions:

International Location

The strategic geographical placement of a business operation or segment outside its home country.

Syndicate

A group of individuals or organizations combined to promote some common interest.

Net Present Value

A financial metric indicating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Net Present Value

A method used in finance to calculate the value of a series of future cash flows in today's dollars.

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