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    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Determination of Gain or Loss and Basic Considerations
  5. Question
    Realized Gain or Loss Is Measured by the Difference Between
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Realized Gain or Loss Is Measured by the Difference Between

Question 11

Question 11

True/False

Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of disposition.

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