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Author Question: With reference to 22, Lee and Carol will owe how much in capital gain taxes on the sale of their ... (Read 77 times)

Mr.Thesaxman

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on: Jun 24, 2018
With reference to 22, Lee and Carol will owe how much in capital gain taxes on the sale of their home?
 A)100,000
 B)250,000
 C)275,000
 D)-0-

Question 2

A commercial tenant's display counters are bolted to the floor of his leased store. The counters:
 A) Are trade fixtures and belong to the tenant.
 B) Are trade fixtures and belong to the landlord.
 C) Are personal property belonging to the landlord.
 D) Cannot be removed when the lease terminates.


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Anonymous

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


Mr.Thesaxman

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Reply #2 on: Jun 24, 2018
Correct answers!


Anonymous

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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