LO.2 Keshara has the following net 1231 results for each of the years shown. What would
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LO.2 Keshara has the following net § 1231 results for each of the years shown. What would be the nature of the net gains in 2011 and 2012?
Tax Year Net § 1231 Loss Net § 1231 Gain 2007 $18,000 2008 33,000 2009 32,000 2010 $41,000 2011 30,000 2012 41,000
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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