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4 , 8 0 0 REVIEW QUESTIONS ( 1 ) Mr . Fritz is a commissioned real estate client of yours. He has just bought

4, 800

REVIEW QUESTIONS

(1)

.

Fritz is a commissioned real estate client of yours. He has just bought and sold a piece of

land in a "quick flip" transaction. What kind of income might this be to him: employment, business,

property or capital gain?

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