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Eloise and her sister, Hazel, exchanged rental properties in May 2018. Hazel sold the property she received in the exchange on February 1, 2020. Eloise

Eloise and her sister, Hazel, exchanged rental properties in May 2018. Hazel sold the property she received in the exchange on February 1, 2020. Eloise has not sold the property she received. What is the consequence to both sisters?

Accounting

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