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Which of the following assets would not be eligible for loss recognition in a total liquidation distribution? Sec. 179 property Sec. 351 contributed property Sec.

Which of the following assets would not be eligible for loss recognition in a total liquidation distribution?

		Sec. 179 property
		Sec. 351 contributed property
		Sec. 1245 recapture property
		Sec. 1231 assets purchased during the life of the corporation

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