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c. In 1999, he received land worth $15,000. The donor's adjusted basis was $20,000. Roberto sells the land for $9,000 in 2023. A loss of

c. In 1999, he received land worth $15,000. The donor's adjusted basis was $20,000. Roberto sells the land for $9,000 in 2023. A loss of $ -5,000 X is recognized

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