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All of the following are classified as Section 1231 gains and losses except: A.) Gains and losses from involuntary conversions of property used in a

All of the following are classified as Section 1231 gains and losses except:

A.) Gains and losses from involuntary conversions of property used in a trade or business

B.) Gains and losses from inventory

C.) Gains and losses from condemnations of Section 1231 property and capital assets

D.) Gains and losses from real or depreciable property used in a trade or business

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