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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 8: Rental Property, Royalties, and Income From Flow- Through Entities Line 17, form 1040, and Schedule E
  5. Question
    Which of the Following Is Not Considered an Ordinary Expense
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Which of the Following Is Not Considered an Ordinary Expense

Question 37

Question 37

Multiple Choice

Which of the following is not considered an ordinary expense for a rental activity?


A) Advertising
B) Insurance
C) Property taxes
D) All of these are deductible as ordinary expense

Correct Answer:

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