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Barryikeda
Level 1
October 15, 2020
Question

Like Kind Exchange

  • October 15, 2020
  • 1 reply
  • 7 views
How do you enter a like kind exchange when you don't have the replacement property yet?
    This topic has been closed for replies.

    1 reply

    rbynaker
    rbynaker
    Level 13
    October 15, 2020

    If we're speaking practically, at this point it's been longer than 6 months so you either have the replacement property by now or you don't have a LKE.

    If we're speaking hypothetically, file an extension.

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