Revenue and Taxation Code § 24902
ARTICLE 1. Computation of Gain or Loss
Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section 24901, shall be recognized.
ARTICLE 1. Computation of Gain or Loss
Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section 24901, shall be recognized.