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    Federal Taxation
  4. Exam
    Exam 29: Property Transactions: Sec1231 and Recapture
  5. Question
    If Realized Gain from Disposition of Business Equipment Exceeds Total
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If Realized Gain from Disposition of Business Equipment Exceeds Total

Question 33

Question 33

True/False

If realized gain from disposition of business equipment exceeds total depreciation or cost recovery,a portion of the gain will receive Sec.1231 treatment if the equipment's holding period is more than one year.

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