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    Taxation of Individuals
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    Exam 14: Tax Consequences of Home Ownership
  5. Question
    A Taxpayer Who Purchases Real Property During the Year Is
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A Taxpayer Who Purchases Real Property During the Year Is

Question 55

Question 55

True/False

A taxpayer who purchases real property during the year is allowed to deduct the property taxes on that property for the entire year in which the property was purchased.

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