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Mario transferred a building with an adjusted basis of $ 1 4 0 , 0 0 0 for a similar building with a fair market
Mario transferred a building with an adjusted basis of $ for a similar building with a fair market value of $ and cash of $ The exchange qualified as a likekind exchange. The realized gain on the exchange was $
The recognized gain on the exchange was $
Mario's adjusted basis in the building received is $
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