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How much loss can Peggy deduct and in which year. Peggy is in the business of factoring accounts receivable.
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Peggy is in the business of factoring accounts receivable.

This year the account was settled for 25000. How much loss can Peggy deduct and in which year. This year the account was settled for 18000. This year the account was settled for 25000. Last year she purchased a 30000 account receivable for 25000. This year the account was settled for 25000.
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