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Question 48 2.5 out of 2.5 points Simon sold investment property 2 years ago for $750. Simon's basis in the property was $200. Simon is

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Question 48 2.5 out of 2.5 points Simon sold investment property 2 years ago for $750. Simon's basis in the property was $200. Simon is receiving $150 per year from the buyer. Simon reports this income on the installment method. If Simon collects $150 in principal

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