Business, 25.07.2019 21:00, austinwst3
Mike beasley buys and sells real estate. on december 31, 2016, his inventory of property included a tract of undeveloped land for which he had paid $800,000. the fair market value of the land was $900,000 at that date. how much income should beasley report for 2016 in connection with this land?
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Mike beasley buys and sells real estate. on december 31, 2016, his inventory of property included a...