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Pedro2004

03/03/13 3:07 PM

#338160 RE: jimmym4 #338157

LOL...what is was, Jimmy, was a "wash" sale.

They sold a piece of property to a church for $60,000

They received $17k in cash
And allocated the balance as a charitable donation.


60,000 - 17,443 - 42,557 = 0