Farmer's Tax Guide

Farmer's Tax Guide

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If an existing mortgage is assumed by the buyer and it does not exceed the sellera#39;s cost or other basis of the property, the contract price is equal to the selling price less the amount of the mortgage. ... or less (include work, dairy or breeding animals if held less than 12 months) ; (4) Property (including real estate) used in your business and held more than 6 months (include work, dairy and breeding animalsanbsp;...

Title:Farmer's Tax Guide
Publisher: - 1959


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