Series 22: 2.5.3. Capital Gains And Disposition Of Property

Taken from our Series 22 Top-off Online Guide

2.5.3.  Capital Gains and Disposition of Property

A straight sale is not the only way to dispose of an asset or a partnership interest. Other ways include a like-kind exchange or transfer as a gift. Disposing of an asset in this way can impact the measurement of capital gains. Capital gains are also impacted when a partnership interest includes the presence of debt.

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