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Is the sale of vacant land, even by a business but not used for income producing purposes (e.g. a parking lot), a bulk sale transfer?

Business income land parking producing purposes sale Used vacant
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Is the sale of vacant land, even by a business but not used for income producing purposes (e.g. a parking lot), a bulk sale transfer?

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A. Yes. Vacant land owned by a business (that is, an entity that creates profit or loss) is a business asset.

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