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Select the best answer When a like-kind exchange occurs resulting from a condemnation of real...

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Accounting

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Select the best answer When a like-kind exchange occurs resulting from a condemnation of real property used in a business or held for investment, what is the replacement period? O A. Two years from the date of disposition of the condemned property O B. Three years from the date of disposition of the condemned property O C. Two years after the close of the first tax year in which gain is realized O D. Three years after the close of the first tax year in which gain is realized Submit

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