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    Concepts in Federal Taxation
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    Exam 9: Acquisitions of Property
  5. Question
    General Telelpnone Gave Wynonna $2,000 for an Easement for Power
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General Telelpnone Gave Wynonna $2,000 for an Easement for Power

Question 88

Question 88

True/False

General Telelpnone gave Wynonna $2,000 for an easement for power lines across her property.She must realize the gain or loss on the receipt of cash.

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