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The Uniform Capitalization (UNICAP) rules apply to taxpayers that do all of the following EXCEPT: A: Acquire property for rental activities. B; Produce real property
The Uniform Capitalization (UNICAP) rules apply to taxpayers that do all of the following EXCEPT:
A: Acquire property for rental activities.
B; Produce real property for sale to customers.
C: Produce real property for use in the business or activity.
D; Acquire property for resale.
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