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Janet's home was foreclosed upon and the mortgage holder issued her a Form 1099-A. What is the sales price Janet must use to report the

Janet's home was foreclosed upon and the mortgage holder issued her a Form 1099-A. What is the sales price Janet must use to report the foreclosure if the loan was nonrecourse, the outstanding balance of the loan was $99,000, and the fair market value of the home was $108,000 on the date of foreclosure? *

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