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The total gain on an installment method is generally the amount by which the selling price of the property sold exceeds adjusted basis in that
The total gain on an installment method is generally the amount by which the selling price of the property sold exceeds adjusted basis in that property. The selling price includes all of the following except: A. The money and the fair market value of property received for the sale of the property B. Any selling expenses C. Existing debt encumbering the property that the buyer assumes D. Unstated interest to learn
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