Question: On July 1 1 , 2 0 2 4 , Jared's mobile home was totally destroyed in a federally declared major disaster. On November 1

On July 11,2024, Jared's mobile home was totally destroyed in a federally declared major disaster. On November 15,2024, Jared's insurance company reimbursed him $12,000 for the mobile home. If Jared has a gain, when does the replacement period for the mobile home end?
December 31,2025
December 31,2026
December 31,2027
December 31,2028

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