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Cher Holder owns all of the outstanding stock of two separate corporations, Common Corp and S.O. Teric, Inc. Common Corp is taxed under subchapter C

Cher Holder owns all of the outstanding stock of two separate corporations, Common Corp and S.O. Teric, Inc. Common Corp is taxed under subchapter C of the Internal Revenue Code; S.O. is an S corporation. In 2014 Common and S.O. each put in service $150,000 of property qualifying for immediate expensing under

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