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Question 10 4 pts Carlson arranges financing for a limited partnership to purchase real estate in exchange for a 50% interest in partnership profits. Two

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Question 10 4 pts Carlson arranges financing for a limited partnership to purchase real estate in exchange for a 50% interest in partnership profits. Two weeks later, Carlson sells the profits interest for $30,000. In this tax year, Carlson must recognize a $30,000 short-term capital gain. O a $30,000 ordinary income. O no gain or a $30,000 Sec. 1231 gain

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