What is the impact of having the entire gain on an installment sale consist of ordinary income

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What is the impact of having the entire gain on an installment sale consist of ordinary income from depreciation recapture?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Jul 13, 2016 03:54 AM

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What is the impact of having the entire gain on an installment sale consist of ordinary income

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The installment method is applicable only to gains and is used to report income from an instal...View the full answer

Federal Taxation 2016 Comprehensive

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