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Author Question: Losses incurred in the sale or exchange of personal-use property are deductible as capital losses. (Read 144 times)

NClaborn

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Question 1

In order to be recognized and deducted on a tax return, a loss must first be realized.
◦ true
◦ false

Question 2

Losses incurred in the sale or exchange of personal-use property are deductible as capital losses.
◦ true
◦ false


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Marked as best answer by NClaborn on Sep 13, 2020

ririgirl15

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NClaborn

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Reply 2 on: Sep 13, 2020
Gracias!


bblaney

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Reply 3 on: Yesterday
Excellent

 

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