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T/F. If personal-use property is converted to trade or business use, the basis for depreciation is the lesser of adjusted basis or FMV on the
T/F. If personal-use property is converted to trade or business use, the basis for depreciation is the lesser of adjusted basis or FMV on the date of conversion.
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Effective Writing A For Accountants
Authors: Claire B. May, Gordon S. May
9th Edition
0132567245, 9780132567244
