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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Capital Gains and Losses, 1231, Recapture Provisions
  5. Question
    To Compute the Holding Period, Start Counting on the Day
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To Compute the Holding Period, Start Counting on the Day

Question 121

Question 121

True/False

To compute the holding period, start counting on the day the property was acquired and include the day of disposition.

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