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I know intangible personal efforts are not considered capital assets, but what type of property are they?
Just ordinary? I need to know to keep it straight in my mind. Ugh, less than 24 hours until my exam and all the little things are freaking me out!
Not 1231 right? Because 1231 is:
noncurrent >1year
Depreciable or Real business
A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*
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