8. Which of the following is Section 1231 property? a. A building used in a trade or...

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8. Which of the following is Section 1231 property?

a. A building used in a trade or business

b. Poultry used for egg production

c. Accounts receivable

d. Inventory

e. Paintings owned by the artist LO 8.6

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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