If you exchange your business property or property you hold for investment solely for property of a like kind to be used in your business or to be held for investment, no gain or loss is recognized. This means that the gain is not taxable and the loss is not deductible.
Aaron Holmes Gwin is an American professional downhill mountain biker from Morongo Valley, California. He is a four-time World Cup overall champion.
http://en.wikipedia.org/wiki/Button_Gwinnett. Button Gwinnett (1735 â May 19 or 27, 1777) was an British-born American political leader who, as a representative of Georgia to the Continental Congress, was the second of the signatories (first signature on the left) on the United States Declaration of Independence.