Which One of the Following Is Not a Requirement of a Deferred

question 37

Multiple Choice

Which one of the following is not a requirement of a deferred like-kind exchange?

• A)The like-kind property to be received must be identified within 45 days.
• B)The exchange must be completed within the taxable year.
• C)The like-kind property must be received within 180 days.
• D)The exchanged property must be like-kind.
• E)All of the choices are correct.