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Kyra Bernard's basis in investment-use land was $9,000. She received a gross condemnation award of $13,000. Her ne condemnation award was $12,600. She purchased replacement

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Kyra Bernard's basis in investment-use land was $9,000. She received a gross condemnation award of $13,000. Her ne condemnation award was $12,600. She purchased replacement property at a cost of $13,000. What is Kyra's basis in th replacement property? $3,600 $9,000 $9,400 $12,600 Mark for follow up Back Save / Return Later Summary Next >>

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