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Gabe entered into a Section 1031 exchange with Sam. Given the following information for Gabe, what is the maximum amount of gain that Gabe would

Gabe entered into a Section 1031 exchange with Sam. Given the following information for Gabe, what is the maximum amount of gain that Gabe would recognize?

Debt Assumed by Sam $90,000

Cash Paid by Gabe $30,000

Debt Assumed by Gabe $20,000

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