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Section 1239 recharacterizes gain on the sale of depreciable property to related person as ordinary income. a. True b. False

Section 1239 recharacterizes gain on the sale of depreciable property to related person as ordinary income. a. True b. False
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Section 1239 recharacterizes gain on the sale of depreciable property to related person as ordinary income.

a. True

b. False

User Patrick Werner
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1 vote
a is the right answer

User Albert Vonpupp
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