Anna received tangible personal property with a fair market value of $65,000 as a gift in 2012.
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The property is a 1231 asset for Anna because it is depreciable property used in her business and ...View the full answer
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Related Book For 
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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