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Definitions (3 Pts) a) Relates to the ability to exchange property 1. $121 and not trigger gain until the property is sold later 2. $1031

Definitions (3 Pts) a) Relates to the ability to exchange property 1. $121 and not trigger gain until the property is sold later 2. $1031 b) Relates to passive income and its 3. $1231 allowances for ...

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