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The taxpayer constructed a plant for use in its multistate manufacturing business and 20 years later, the plant was closed and put up for sale.
The taxpayer constructed a plant for use in its multistate manufacturing business and 20 years later, the plant was closed and put up for sale. The plant was rented for a temporary period from the time it was closed by the taxpayer until it was sold 18 months later. The rental income is? Group of answer choices Business Income Nonbusiness Income
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