The Clover Corporation wants to exchange land it has held for expansion for a building that will
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The Clover Corporation wants to exchange land it has held for expansion for a building that will provide additional office space to avoid gain recognition.The land has a value of $1,200,000 and a basis of $800,000.What alternative can you suggest to Clover to accomplish its goal?
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Related Book For 
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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