Anything of value not reinvested in like-kind property such as cash, mortgage notes, notes, or other securities. The Exchangor pays taxes on the part of the exchange considered “boot”, to the extent of recognized capital gain.
Anything of value not reinvested in like-kind property such as cash, mortgage notes, notes, or other securities. The Exchangor pays taxes on the part of the exchange considered “boot”, to the extent of recognized capital gain.
Get in Touch
