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    Federal Taxation
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    Exam 29: Property Transactions: Sec1231 and Recapture
  5. Question
    Any Gain or Loss Resulting from the Sale or Disposition
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Any Gain or Loss Resulting from the Sale or Disposition

Question 32

Question 32

True/False

Any gain or loss resulting from the sale or disposition of depreciable property used in trade or business and held one year or less is considered ordinary.

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