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amie sells investment real estate for $80,000, resulting in a $15,000 loss. Jamie's loss is a. an ordinary loss. b. a capital loss. c. a
amie sells investment real estate for $80,000, resulting in a $15,000 loss. Jamie's loss is a. an ordinary loss. b. a capital loss. c. a Sec. 1231 loss. d. a Sec. 1244 loss. 5. Juan has a casualty loss of $32,500 on investment property, after receiving an insurance settlement. This is Juan's only casualty transaction this year. Juan's loss is a. an ordinary loss. b. a capital loss. c. a Sec. 1231 loss. d. a Sec. 1244 loss
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