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There is no deferred gain under the new rules unless it is for the sale of real estate. I you trade an asset, you in effect sold the asset and you report any gain. The old deferred gain was treated as an adjustment to basis so there isn't anything additional to be done with it.
There is no deferred gain under the new rules unless it is for the sale of real estate. I you trade an asset, you in effect sold the asset and you report any gain. The old deferred gain was treated as an adjustment to basis so there isn't anything additional to be done with it.
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