When depreciable business property and nonbusiness property are acquired in a single purchase for a lump sum,
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When depreciable business property and nonbusiness property are acquired in a single purchase for a lump sum, it is necessary to allocate the purchase price between the various properties acquired.
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Essentials Of Federal Income Taxation For Individuals And Business
ISBN: 9780808038009
15th Edition
Authors: Linda M. Johnson
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