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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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