For completeness I want to add reference to
http://www.cyotek.com/blog/comparing-the-properties-of-two-objects-via-reflection
It has more complete logic than most of others answers on this page.
However I prefer Compare-Net-Objects library
https://github.com/GregFinzer/Compare-Net-Objects (referred by Liviu Trifoi's answer)
The library has NuGet package http://www.nuget.org/packages/CompareNETObjects and multiple options to configure.
