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<p>[QUOTE=&quot;NPCoin, post: 1106113, member: 5629&quot;]I would elaborate that the regulations defining an individual as a business in no way affects the reporting requirement itself, but affects on what form and in what manner said income (gain) is reported.</p><p><br /></p><p>Whether you sell property as a business or a private individual, you are still required to report the income (gain).[/QUOTE]</p><p><br /></p>

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