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  3. Study Set
    Individual Taxation
  4. Exam
    Exam 14: Property Transactions: Basis Determination and Recognition of Gain or Loss
  5. Question
    Liabilities Are Included in the Amount Realized Only If the Seller
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Liabilities Are Included in the Amount Realized Only If the Seller

Question 14

Question 14

True/False

Liabilities are included in the amount realized only if the seller was personally liable for their payment.

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