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Which of the following events would not qualify for involuntary conversion treatment under 1033? a. A personal residence burns down. b. Inventory damaged by a

Which of the following events would not qualify for involuntary conversion treatment under 1033?

a. A personal residence burns down.

b. Inventory damaged by a flood.

c. A taxpayer selling his house because it is on a flood plain.

d. An office building destroyed by a tornado.

e. None of the above.

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