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What are the two basic materials of which the moons in the solar system are composed? For each type of material, name an example of a moon whose surface is composed primarily of that material.
Personal-Use Property
Items owned for personal enjoyment or use, such as a residence or car, that typically do not qualify for tax deductions or depreciation.
FMV
Fair Market Value is an estimate of the market value of a property or asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.
§179 Expense
A section of the U.S. tax code that allows a business to deduct the full purchase price of qualifying equipment or software within the tax year.
Business Assets
Economic resources or items of value owned by a company that are expected to provide future benefits or profits.
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