State-tax for like-kind exchanges of real estate.(Brief Article)

From: The Kiplinger Tax Letter | Date: January 31, 2003 | Copyright information

Watch the state-tax aspects of like-kind exchanges of real estate.

Several states tax swaps that are exempt from federal income tax. Pitfalls exist in Ga., Ind., Iowa, Miss., Ore., Pa. and Vt. For example, Ga., Miss. and Vt. all tax exchanges if ...

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