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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Determination of Gain or Loss and Basic Considerations
  5. Question
    The Basis of Property Acquired in a Bargain Purchase Is
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The Basis of Property Acquired in a Bargain Purchase Is

Question 38

Question 38

True/False

The basis of property acquired in a bargain purchase is its cost.

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