Capital gains/losses and rental property are two topics which often confuse taxpayers.
From Chapters 7, discuss and fully explain the topic of Sales of Business Property and Capital Gains and
Losses- how it affects the taxpayer’s tax return to your peers (use outside sources in APA format). You should
present the information as you would to a client asking for more information about the topics. Don’t forget to
include Covid exclusions if applicable.
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