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Question 23 of 25 Natalie exchanged business-use land for a fournit apartment building. She also received $6,000 cash as part of the exchange. At the
Question 23 of 25 Natalie exchanged business-use land for a fournit apartment building. She also received $6,000 cash as part of the exchange. At the time, Natalie's adjusted basis in the land was $150.000, and the fol market value of the apartment building was 5160.000. What is the amount of recognized gain from this exchange that att must report on her tax return? 50 38.000 $10.000 $16.000
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