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question for a CPA (or anyone else)
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MaineFarmer
Posted 3/25/2025 04:15 (#11160828 - in reply to #11158107)
Subject: RE: question for a CPA (or anyone else)


coast of Maine
How does depletion work on this sale?Am I getting this wrong but if he sold the sand and the value of his retained asset actually dropped(depletion) does this help him on income tax?
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