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8. Tom and his wife want to sell their ranch in Florida (FMV $1,500,000/ basis $500,000) and move to Montana. While looking for land in
8. Tom and his wife want to sell their ranch in Florida (FMV $1,500,000/ basis $500,000) and move to Montana. While looking for land in Montana they met with Joel, a rancher who wants to move to Florida. Joel owns land with a FMV of $1,000,000 and a basis of $100,000. Tom and his wife told him it was not an acceptable exchange. He has countered by adding cattle worth $500,000. If they accept Joel's offer: 3 
8. Tom and his wife want to sell their ranch in Florida (FMV $1,500,000/ basis $500,000 ) and move to Montana. While looking for land in Montana they met with Joel, a rancher who wants to move to Florida. Joel owns land with a FMV of $1,000,000 and a basis of $100,000. Tom and his wife told him it was not an acceptable exchange. He has countered by adding cattle worth $500,000. If they accept Joel's offer
8. Tom and his wife want to sell their ranch in Florida (FMV $1,500,000/ basis $500,000) and move to Montana. While looking for land in Montana they met with Joel, a rancher who wants to move to Florida. Joel owns land with a FMV of $1,000,000 and a basis of $100,000. Tom and his wife told him it was not an acceptable exchange. He has countered by adding cattle worth $500,000. If they accept Joel's offer: 3
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
