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book Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps cover

Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

Edition 4ISBN: 978-0078110993
book Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps cover

Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

Edition 4ISBN: 978-0078110993
Exercise 16
Pedro sells investment land on September 1, 2010. Information pertaining to the sale follows:
Pedro sells investment land on September 1, 2010. Information pertaining to the sale follows:    Each installment payment is due on September 1 of 2011, 2012, 2013, and 2014 (ignore interest). Determine the tax consequences in 2010, 2011, 2012, 2013, and 2014. Each installment payment is due on September 1 of 2011, 2012, 2013, and 2014 (ignore interest). Determine the tax consequences in 2010, 2011, 2012, 2013, and 2014.
Explanation
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Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps
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