-livestock of different sexes do not qualify as like-kind property.
-real estate can be exchanged only for other real estate (principally rental buildings, office and store buildings, manufacturing plants, warehouses, and land), and personalty can be exchanged only for other personalty (principally machines, equipment, trucks, automobiles, furniture, and fixtures).
-real property located in the United States exchanged for foreign real property (and vice versa) does not qualify as like-kind property
13th EditionKarl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett
12th EditionBarry Render, Chuck Munson, Jay Heizer
6th EditionMcGraw-Hill Education
1st EditionDavid Besanko, Mark Shanley, Scott Schaefer