suzie owned a rental house. she managed it herself, renting it out, fixing it up, etc. it was worth $250,000 and had a basis of $140,000 allocable $20,000 to the land and the rest to the building. the building burnt down and she received $230,000 of insurance proceeds. she has a bad gambling habit and she went to the races and spent all but $50,000 of the money. after a year or so, her cpa told her she is going to have to pay tax unless she reinvests the insurance proceeds, she goes to her brother and borrows $150,000 and uses it and her $50,000 to rebuild the house. what are the tax consequences to suzie?

please answer with details. I will give a good review