Jose sells his personal residence to Manuel on July 1, 2020. He had paid $4,000...

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Jose sells his personal residence to Manuel on July 1, 2020. He had paid $4,000 in real property taxes on March 1, 2020, the due date for property taxes for 2020. Jose may deduct the portion of the taxes he paid for the period the property was owned by Manuel. Select one True False

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