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For Section 351 purposes, which of the following arm is not considered property Construction equipment O A Computer tament notes Painting Services None of the

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For Section 351 purposes, which of the following arm is not considered property Construction equipment O A Computer tament notes Painting Services None of the other answers choices are correct they are al considered property under Section 351 Question 9 3.33 pts (True/False) When a taxpayer receives stock solely in exchange for providing painting services to a corporation, the taxpayer must recognize income on this transaction based on the fair market value of the stock received from the corporation True False

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