Question: Question 1 ( 2 points ) The substituted basis rule causes the unrecognized gain or loss on a non - taxable exchange to be embedded

Question 1(2 points)
The substituted basis rule causes the unrecognized gain or loss on a non-taxable exchange to be embedded in the basis of the qualifying property acquired
True
False
Question 1 ( 2 points ) The substituted basis

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