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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
    A Capital Asset Includes All of the Following Except
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A Capital Asset Includes All of the Following Except

Question 46

Question 46

Multiple Choice

A capital asset includes all of the following except:


A) Inherited property.
B) Real estate used in the taxpayer's trade or business.
C) A taxpayer's home.
D) Real estate held for investment.

Correct Answer:

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