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    Federal Taxation
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    Exam 14: Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions
  5. Question
    Individuals Who Are Not Professional Real Estate Developers May Get
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Individuals Who Are Not Professional Real Estate Developers May Get

Question 152

Question 152

True/False

Individuals who are not professional real estate developers may get capital gain treatment for sale of their real property if they engage only in limited development activities.

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