Matthew exchanges an investment apartment building for a parcel of land. the apartment building has a fair market value of $80,000 and an adjusted basis of $95,000. the land's value is $60,000. matthew receives $20,000 cash in the exchange. what is matthew's recognized gain (loss) on the exchange and his basis in the land?

Recognized gain (loss) on the exchange = $0

Basis in the land = $75,000

Explanation:

Apartment Fair market value = $80,000

Land's value = $60,000

Cash received = $20,000

So Gain/(Loss) = $80,000 - ($60,000+$20,000) = $0

Basis in Land = $95,000-$20,000 = $75,000

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.