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In 2017, Yesenia receives a gift of real estate with an adjusted basis of $283,000 and a fair market value of $313,000. No gift tax
In 2017, Yesenia receives a gift of real estate with an adjusted basis of $283,000 and a fair market value of $313,000. No gift tax was paid on the transfer.
Yesenia's basis for a gain is $____ and her basis for a loss is $____. If Yesenia later sells the property for $328,000, her recognized gain is $____.
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