Question: All of the following items decrease the basis of property EXCEPT A. The exclusion from income of subsidies for energy conservation measures. B. The cost

All of the following items decrease the basis of property EXCEPT

  • A.
  • The exclusion from income of subsidies for energy conservation measures.
  • B.
  • The cost of defending and perfecting a title.
  • C.
  • Section 179 deduction.
  • D.
  • Casualty or theft loss deductions and insurance reimbursements.

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