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Camilo's property, with an adjusted basis of $ 3 6 5 , 2 0 0 , is condemned by the state. Camilo receives property with
Camilo's property, with an adjusted basis of $ is condemned by the state. Camilo receives property with a fair market value of $ as compensation for the property taken.
If an amount is zero, enter
a What is Camilos realized and recognized gain?
Camilo's realized gain is $fill in the blank and his recognized gain is $fill in the blank
b What is the basis of the replacement property?
The basis of the replacement property is $fill in the blank
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