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    Exam 17: Property Transactions: 1231 and Recapture Provisions
  5. Question
    A Personal Use Property Casualty Loss Is Generally Deductible Only
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A Personal Use Property Casualty Loss Is Generally Deductible Only

Question 18

Question 18

True/False

A personal use property casualty loss is generally deductible only to the extent it exceeds 10% of AGI.

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