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thanks 8. No. Wash sale rules disallow the loss. No. The transaction is considered a like-kind exchange. No. The fair market value of the purchase
thanks 8.
No. Wash sale rules disallow the loss. No. The transaction is considered a like-kind exchange. No. The fair market value of the purchase counteracts the sale loss. Yes. He claims a deduction for the sale and holds five coins for future dispositionStep by Step Solution
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