Question
A developer who had been selling lots in the regular course of business could receive capital gains treatment for the sale of the remaining land
A developer who had been selling lots in the regular course of business could receive capital gains treatment for the sale of the remaining land in several sales or one sale because of an unanticipated event, such as a condemnation.
True or false?
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Problems In Contract Law Cases And Materials
Authors: Charles L. Knapp, Nathan M. Crystal, Harry G. Prince
9th Edition
1543801471, 978-1543801477
