Anna received tangible personal property with a fair market value of $65,000 as a gift in 2013.
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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 2016 Comprehensive
ISBN: 9781305395114
39th Edition
Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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