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Which of the following examples of business-use property is NOT eligible for Section 1231 treatment when sold at a gain? * Sale of land held
Which of the following examples of business-use property is NOT eligible for Section 1231 treatment when sold at a gain? *
Sale of land held for three years. | |
Net gain from a casualty gain on a dump truck held for two years. | |
Sale of a leasehold held for more than a year. | |
Sale of dairy cattle held for 14 months. |
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