![Business](/tpl/images/cats/ekonomika.png)
Business, 21.10.2020 16:01, jessie9772
On May 1, 2018, Kelalani purchased land for $88,000 for use in her business. She sold it on May 1, 2019, for $82,000. If there are no other sales of business or trade property, how is this loss treated for tax purposes on Kelalani's return?
1. $6,000 Section 1231 loss.
2. $6,000 ordinary loss.
3. $6,000 short-term capital loss.
4. $6,000 long-term capital loss.
![answer](/tpl/images/cats/otvet.png)
Answers: 2
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 05:50, Haddixhouse8948
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:40, ZoomZoom44
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
Do you know the correct answer?
On May 1, 2018, Kelalani purchased land for $88,000 for use in her business. She sold it on May 1, 2...
Questions in other subjects:
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 29.06.2019 13:10
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/es.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 29.06.2019 13:10
![Konu](/tpl/images/cats/mat.png)
Mathematics, 29.06.2019 13:10
![Konu](/tpl/images/cats/mat.png)
Mathematics, 29.06.2019 13:10
![Konu](/tpl/images/cats/biologiya.png)
Biology, 29.06.2019 13:10