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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Capital Gains and Losses,1231,and Recapure Provisions
  5. Question
    Section 1237 Allows Certain Professional Real Estate Developers Capital Gain
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Section 1237 Allows Certain Professional Real Estate Developers Capital Gain

Question 27

Question 27

True/False

Section 1237 allows certain professional real estate developers capital gain treatment if they engage only in limited development activities.

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