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    Taxation of Individuals
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    Exam 11: Property Dispositions
  5. Question
    Which of the Following Is Not a §1245 Asset If
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Which of the Following Is Not a §1245 Asset If

Question 107

Question 107

Multiple Choice

Which of the following is not a §1245 asset if held for more than one year?


A) Machinery.
B) Automobile.
C) Business cell phone.
D) Land.
E) None of the choices are correct.

Correct Answer:

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