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    Federal Taxation
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    Exam 15: Property Transactions: Nontaxable Exchanges
  5. Question
    The Nonrecognition of Gains and Losses Under § 1031 Is
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The Nonrecognition of Gains and Losses Under § 1031 Is

Question 17

Question 17

True/False

The nonrecognition of gains and losses under § 1031 is mandatory for gains and elective for losses.

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