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Question 58 of 75. Generally, the basis of property received in a fully nontaxable exchange is: The FMV of the property given up. The FMV

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Question 58 of 75. Generally, the basis of property received in a fully nontaxable exchange is: The FMV of the property given up. The FMV of the property received. The adjusted basis of the property given up. The greater of the FMV or the adjusted basis of the property given up. Mark for follow up

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