Examlex
The geologist's technical term for a fossilized piece of excrement is a ________.
FMV
The Fair Market Value represents the price at which property would be sold in an open market scenario.
Unrecaptured 1250 Gain
A type of gain on the sale of depreciable real property that’s taxed at a different rate than other capital gains.
Depreciation
The systematic allocation of an asset's cost over its useful life, reflecting its loss of value over time.
Gift Tax
A levy imposed on the act of transferring property from one person to another without receiving full value or any compensation in return.
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