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Question 37 of 40. Generally, the recomputed adjusted basis of a repossessed residence is determined by the adjusted basis: At the time of the original

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Question 37 of 40. Generally, the recomputed adjusted basis of a repossessed residence is determined by the adjusted basis: At the time of the original sale plus or minus any adjustments prior to the repossession. At the time of the original sale without regard to any adjustments after the repossession. O At the time of the resale plus or minus any adjustments prior to the repossession. At the time of the resale plus or minus any adjustments after the repossession. Mark for follow up

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