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Tax year 2023, please show work Frank exchanges his apartment building (FMV $5,306,000; AB $2,300,000) and $220,000 cash for Nico's apartment building (FMV $5,526,000; AB

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Frank exchanges his apartment building (FMV \$5,306,000; AB \$2,300,000) and $220,000 cash for Nico's apartment building (FMV \$5,526,000; AB \$90,000). (a) What is Nico's recognized gain? (b) What is Frank's realized gain? (c) What is Frank's recognized gain? (d) What is Frank's basis in the building he receives from Nico

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