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U Mark for follow up Question 65 of 75. Which of the following statements about basis is true? Basis is not impacted by casualty losses.
U Mark for follow up Question 65 of 75. Which of the following statements about basis is true? Basis is not impacted by casualty losses. Depreciation can decrease basis below zero. Basis is not impacted by the Section 179 deduction. Bonus/special depreciation decreases basis. Mark for follow up
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