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  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 7: Capital Gains and Other Sales of Property Schedule D and Form 4797
  5. Question
    Property Owned by a Taxpayer and Used Either for Personal
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Property Owned by a Taxpayer and Used Either for Personal

Question 94

Question 94

True/False

Property owned by a taxpayer and used either for personal purposes,investment,or in a trade or business is a capital asset.

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