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In section 1031 exchange. Patrizia exchange business real estate that had an adjusteed basis of $18000 for other business real estate with a fair market

In section 1031 exchange. Patrizia exchange business real estate that had an adjusteed basis of $18000 for other business real estate with a fair market value of $15000 and $4000cash, How much gain does she recognize?

a 4000

b none of the above

c 3000

d 1000

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