Business, 19.10.2020 23:01, beccadoyle0809

Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A realizes a gain on the sale of the building, equipment, furniture and fixtures, and land. Individual A rented the building to commercial tenants. What is the character of the gain realized?

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Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to...