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Albert has sold a manufacturing building during 2020 for $10 million. He will receive the proceeds over a period of 4 years. He's wondering
Albert has sold a manufacturing building during 2020 for $10 million. He will receive the proceeds over a period of 4 years. He's wondering if there are any alternatives available to reduce his taxes owing in the current year. Which of these planning opportunities is available to him? Capital gains reserve Lifetime capital gains exemption Principle residence exemption Superficial loss rules
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