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Geraldine inherited a piece of land when her father Albert died on July 26,2015 The FMV of the land at the date of death was $40,000 and cost Albert $20,000 in 2009.Geraldine sold the land on March 29,2016 for $45,000.What are the amount and nature of the gain on the sale?
Osama Bin Laden
The founder of al-Qaeda, the terrorist organization responsible for the September 11 attacks on the United States and numerous other acts of terrorism.
American Forces
The military forces of the United States, including the Army, Navy, Marine Corps, Air Force, and Coast Guard.
National Security Policy
A set of principles and actions taken by a country to protect its national interests, sovereignty, and the well-being of its citizens from threats.
Defense Policy
A governmental policy focused on national defense and the means by which a country protects itself from external threats.
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