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    Federal Taxation
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    Exam 29: Property Transactions: Sec1231 and Recapture
  5. Question
    Sec1245 Ordinary Income Recapture Can Apply to Buildings Placed in Service
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Sec1245 Ordinary Income Recapture Can Apply to Buildings Placed in Service

Question 82

Question 82

True/False

Sec.1245 ordinary income recapture can apply to buildings placed in service prior to 1987.

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