Review answer appears to be incorrect

Review answer appears to be incorrect

by ajith pillai -
Number of replies: 1

Kindly review the review-answer for question 25 of depreciation Quiz. Question states that "son PURCHASED from father....".  Review answer says son not qualified for 179 deduction since the transaction is a gift from father (although its a "purchase") (I lost my 5% marks 😁)

Re: Review answer appears to be incorrect by Paula Wilcox -