Review each of the following scenarios. Then, choose the response that describes a nontaxable exchange. In each scenario, the taxpayer acquired property of equal or greater value

A - Gillian exchanged a plot of land for a rental house. She paid BROKER'S COMMISSION OF $2,000 AS PART OF THE EXCHANGE

B - GREGORY TRADED A COMMERCIAL VAN FOR AN AIR CONDITIONING UNIT

C - JESSICA TRADED A COMMERCIAL MILLING MACHINE FOR ANOTHER COMMERCIAL. SHE ALSO RECEIVED $7,000 CASH AS PART OF THE EXCHANGE

D - IVA TRADED A PLOT OF LAND IN GEORGIA FOR ANOTHER PLOT OF LAND IN THE COUNTRY OF MEXICO PRIOR TO THE EXCHANGE, IVA HAD MADE IMPROVEMENTS TO THE PROPERTY IN GEORGIA. THE PROPERTY SHE ACQUIRED IN MEXICO HAD NOT BEEN UPGRADED AND DID NOT INCLUDE ESSENTIAL SERVICES "as is" rather than paying an estimated $45,000 to connect to the sewer system D - Belinda sold her main home after she heard from her neighbor about an airport expansion project that was going to take their properties