Type PLR Subject 7.04 - Prohibited Transactions - Defined & Tax Consequence Keywords Like-Kind Exchanges Prohibited Transactions (Dealer Property) Holding Period Safe Harbor Year 2008 IRS Link http://www.irs.gov/pub/irs-wd/0824018.pdf Summary Prohibited transaction safe harbor met because "tacking" of holding period of previously relinquished property in like-kind exchange allowed. Title 200824018 Guidance Tags PLR - 200824018