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  3. Study Set
    Principles of Taxation
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    Exam 9: Nontaxable Exchanges
  5. Question
    Gain Realized on a Property Exchange That Is Not Recognized
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Gain Realized on a Property Exchange That Is Not Recognized

Question 12

Question 12

True/False

Gain realized on a property exchange that is not recognized is actually deferred rather than nontaxable.

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