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Tom had a warehouse used in his business that was destroyed by fire during the year. He was fully reimbursed by the insurance company. Approximately
Tom had a warehouse used in his business that was destroyed by fire during the year. He was fully reimbursed by
the insurance company. Approximately how long does Tom have to replace the warehouse in order to qualify for
the involuntary conversion provisions?
A One year
B Two years
C Four years
D Five years
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