Fiona and Frederick Ferber traded a property they owned on January 2, 2019. The property was in Katmandu Nepal. They valued the building at $300,000. They bought it on January 2, 2000 for $200,000 (and the land was an additional $20,000). They received a parking lot in Peekskill, NY they also valued at $300,000. The other party to the deal agreed.

Finally, they went on Vacation for two weeks and, for one of those weeks, they rented out their residence for $5000.

Working in the same teams that you were in for the first part of this project, please take this new information and record it in their 2019 tax returns.