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Dwayne's investment property was condemned. He purchased the property for $210,000, received a net condemnation award of $250,000, and purchased replacement property for $280,000. What
| Dwayne's investment property was condemned. He purchased the property for $210,000, received a net condemnation award of $250,000, and purchased replacement property for $280,000. What is the gain recognized after the replacement property is purchased? |
*
| $0 | |||
| $40,000 | |||
| $210,000 | |||
| $250,000 | |||
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Report Of Audit Resolution Questioned Costs Federal Superfund Program Department Of Health And Environmental Sciences 1994
Authors: Montana Dept Of Health And Environm
1st Edition
101924657X, 978-1019246573
