Our tax laws encourage taxpayers to assets that have appreciated in value and assets that have declined in value.
a. sell; keep.
b. sell; sell.
c. keep; sell.
d. keep; keep.
e. None of these.
Answer: c
Our tax laws encourage taxpayers to assets that have appreciated in value and assets that have declined in value.
a. sell; keep.
b. sell; sell.
c. keep; sell.
d. keep; keep.
e. None of these.
Answer: c