{
  "id": "RS22113",
  "type": "CRS Report",
  "typeId": "REPORT",
  "number": "RS22113",
  "active": false,
  "source": "University of North Texas Libraries Government Documents Department",
  "versions": [
    {
      "source": "University of North Texas Libraries Government Documents Department",
      "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc821406/",
      "id": "RS22113_2005Apr12",
      "date": "2005-04-12",
      "retrieved": "2016-03-19T13:57:26",
      "title": "The Sale of a Principal Residence Acquired Through a Like-Kind Exchange",
      "summary": "When business or investment property is exchanged for property of a \u201clike kind,\u201d (often referred to as a 1031 exchange) no gain or loss is recognized on the exchange, and therefore, no tax is paid at the time of the exchange on any appreciation in the value of the property . This report discusses the like-kind exclusion, which is sometimes combined with the exclusion of tax on the gain from the sale of a principal residence. In effect, this combination can allow taxpayers to avoid paying tax on the gain from the sale of their investment property.",
      "type": "CRS Report",
      "typeId": "REPORT",
      "active": false,
      "formats": [
        {
          "format": "PDF",
          "filename": "files/20050412_RS22113_b66970fe2553c3c1c577ed7175dc6261b095a41e.pdf"
        },
        {
          "format": "HTML",
          "filename": "files/20050412_RS22113_b66970fe2553c3c1c577ed7175dc6261b095a41e.html"
        }
      ],
      "topics": []
    }
  ],
  "topics": [
    "Economic Policy"
  ]
}