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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 25: Losses and Bad Debts
  5. Question
    Losses Incurred in the Sale or Exchange of Personal-Use Property
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Losses Incurred in the Sale or Exchange of Personal-Use Property

Question 3

Question 3

True/False

Losses incurred in the sale or exchange of personal-use property are deductible as capital losses.

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