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    Concepts in Federal Taxation
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    Exam 12: Non-Recognition Transactions
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    Discuss the Concepts Underlying the Determination of the Basis of Property
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Discuss the Concepts Underlying the Determination of the Basis of Property

Question 63

Question 63

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Discuss the concepts underlying the determination of the basis of property received in a nontaxable exchange.

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The underlying concepts include capital ...

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