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What are the tax consequences of these events

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Question - During 2019, a capital property with an adjusted cost base of $144714 is sold for $101308. The proceeds of disposition are made up of $74427 in cash, plus a purchaser's note for the unpaid amount of the proceeds of disposition. In 2020, the purchaser's note proves to be uncollectible. What are the tax consequences of these events in 2020?

Reference no: EM133168413

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