
What qualifies as like-kind in a personal property exchange?
Good afternoon, could you please elaborate on the criteria that determine what qualifies as 'like-kind' in the context of a personal property exchange, especially in relation to cryptocurrencies and digital assets? I understand that traditional real estate exchanges often adhere to strict guidelines, but how do these principles translate to the world of digital assets, and what factors are considered when assessing similarity? Thank you for your insights.
