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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions
  5. Question
    Section 1231 Property Includes Nonpersonal Use Property Where Casualty Gains
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Section 1231 Property Includes Nonpersonal Use Property Where Casualty Gains

Question 90

Question 90

True/False

Section 1231 property includes nonpersonal use property where casualty gains exceed casualty losses for the taxable year.

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