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True or False: A partner contributes property used in a trade or business to a partnership in return for a partnership interest. The partner held

True or False: A partner contributes property used in a trade or business to a partnership in return for a partnership interest. The partner held the property for 2 years prior to contribution. The partner then sells his partnership interest three weeks later. The contributing partner will realize a short-term capital gain/loss on the sale of his partnership interest.

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