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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 8: Depreciation, Cost Recovery, Amortization, and Depletion
  5. Question
    If More Than 40% of the Value of Property, Other
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If More Than 40% of the Value of Property, Other

Question 75

Question 75

True/False

If more than 40% of the value of property, other than real property, is placed in service during the last quarter, all of the property will be allowed 1.5 months of cost recovery.

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