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Generally, if you sell or exchange property you used partly for business or rental purposes and partly for personal purposes, how must you figure the
Generally, if you sell or exchange property you used partly for business or rental purposes and partly for personal purposes, how must you figure the gain or loss on the sale or exchange: a. as if the entire transaction was for personal purposes b. as if the entire transaction was for business purposes c. on whatever basis records the greatest gain or the smallest loss d. separately for the business or rental part and the personal-use part
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