With regard to SPLIT interest purchases of property and the tangible property exception to IRC Section 2702: Question 16 options: a) The term interest is valued at zero. b) The exception generally applies to property for which no allowance for depreciation or depletion is allowable. c) The term interest is valued using actuarial tables. d) Appraisals are generally given greater weight than comparable sales or rentals.

Answer rating: 100% (QA)

The correct option is b The exception generally appl... View the full answer