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In the Ninja Notes, it says:
LTCG Property + Property related to Charity
o Deduction for FMV of property
o Up to 30% of AGI
STCG Property + Property not related to Charity
o Deduction for Adjusted Basis in property
o Up to 50% of AGI
So what if the contributed property is LTCG property but it is not related to charity, would it be FMV up 30% AGI or AB up to 50% AGI?
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