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Shari exchanges an office building in New Orleans that had an adjusted basis of $700,000 for an apartment building in Baton Rouge that had a
Shari exchanges an office building in New Orleans that had an adjusted basis of $700,000 for an apartment building in Baton Rouge that had a fair market value of $720,000. Sharis office building has a mortgage of $100,000. Sharis deferred gain is $
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