Why does a sponsor want to pay the difference between the sale price?
Smart Selling Strategies: Know Your Options & Avoid Costly Tax Mistakes
Why does a sponsor want to pay the difference between the sale price of the house and what is left after escrow after the sale?
Question ID: 6604909 Status:
Open Nov 13, 2025 - 01:15 AM
1answer
Answer
Nov 13, 2025 - 01:15 AM
Remember the like kind requirement means that the property that's being sold has to be held for business or investment purposes and the property that's acquired has to be held for business or investment purposes.
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