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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 28: Property Transactions: Nontaxable Exchanges
  5. Question
    The Taxpayer Must Be Occupying the Residence at the Time
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The Taxpayer Must Be Occupying the Residence at the Time

Question 20

Question 20

True/False

The taxpayer must be occupying the residence at the time of the sale in order for Sec.121 to apply.

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