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5. On October 1, 2017 Bob Barber contributed real estate he held for investment to Houses Partnership, a dealer in real estate. The real estate

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5. On October 1, 2017 Bob Barber contributed real estate he held for investment to Houses Partnership, a dealer in real estate. The real estate had an adjusted basis to Bob of $15,000 and a fair market value at the time of the transfer of $12,000. On March 1, 2019, Houses Partnership sold the real estate for $10,000. What is the amount and character of the partnership's loss

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