Business, 16.12.2019 20:31 captn64

What are steve's realized and recognized gain on the sale of the land he sold to aubry on the sale of real estate, steve's realized gain is 35,000 x and recognized gain is 25,000 x feedback check my work b. steve's basis for the land he purchased from joan is 90,000x d. assume the facts in part (a) except the adjusted basis of steve's original parcel of land is $15,000 and the fair market value of both parcels of land is $12,000. what are steve's realized and recognized gain or loss on the sale of real estate? steve has a realized lossof is able to avoid $ 1031 treatment. what is steve's basis for the land steve acquires from joan? 3,000 v and a recognized loss v of 3,000 .this is because steve 25,000x

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