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8 78. Which of the following losses generally would NOT generate a net operating loss? A. Loss from trade or business. B. Casualty or

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8 78. Which of the following losses generally would NOT generate a net operating loss? A. Loss from trade or business. B. Casualty or theft loss resulting from a federally declared disaster. C. Loss from rental property. D. Loss created by sale of personal residence for less than its cost.

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