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  2. Topic
    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
    A Property That Has Been Rented for 120 Days and Used
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A Property That Has Been Rented for 120 Days and Used

Question 63

Question 63

Multiple Choice

A property that has been rented for 120 days and used for personal use for 40 days should be categorized as:


A) Primarily rental.
B) Primarily personal.
C) Personal/rental.
D) All of these are correct.

Correct Answer:

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