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Bennett purchased a track of land for $20000 in 2011 when he heard that a new highway was going to be constructed the property and

Bennett purchased a track of land for $20000 in 2011 when he heard that a new highway was going to be constructed the property and the land would soon be worth $20000 . The highway project was abandoned in 2017 and the value of the land fell to $15000. Bennett can claim loss in 2017 ?

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