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  3. Study Set
    Concepts in Federal Taxation
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    Exam 12: Non-Recognition Transactions
  5. Question
    The Mechanism for Effecting a Deferral in a Nonrecognition Transaction
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The Mechanism for Effecting a Deferral in a Nonrecognition Transaction

Question 39

Question 39

True/False

The mechanism for effecting a deferral in a nonrecognition transaction is an adjustment of the replacement asset's basis.

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