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(TCO 7) The effect of a related party installment sale of nondepreciable property at a gain is: A. the buyer's basis is the same as

(TCO 7) The effect of a related party installment sale of nondepreciable property at a gain is: A. the buyer's basis is the same as the seller's basis. B. the seller's recognized gain is all ordinary income. C. the seller cannot use the installment method to report the gain. D. the seller may be required to recognize installment sale gain when the related buyer sells the property. E. None of the above

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