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If Boot Is Received in a § 1031 Like-Kind Exchange

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If boot is received in a § 1031 like-kind exchange that results in some of the realized gain being recognized, the holding period for both the like-kind property and the boot received begins on the date of the exchange.


Definitions:

Paired Two-Sample T-Test

A statistical test used to compare the means from two related groups of samples.

Kruskal-Wallis H Test

A method that does not rely on parameter assumptions to test if samples come from an identical distribution.

Teaching Method

A systematic plan designed to present educational material or a concept to students.

Multiplication Concept

A fundamental mathematical operation representing the repeated addition of a number by itself a specified number of times.

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