Mia owns a warehouse that has a cost basis of $80,000. the city condemns the warehouse to make room for a new fire station. it pays $400,000 for the property, its agreed to fair market value. shortly after the condemnation, mia purchases another warehouse as a replacement. if amount is zero, enter". a. what is her recognized gain if the new property cost is $280,000? b. what is the recognized in the new property cost is $444,000? c. what is her recognized gain if the new property cost is $80,000? d. what if any is the justification for deferring the recognition of gain on the involuntary conversion? the involuntary conversion provision is justified under the changed
Answers: 2
Business, 23.06.2019 01:50, breannaasmith1122
The de mesa family will soon be occupying their newly renovated house. however, the bathroom measuring 10ft. by 16 ft. still needs to be covered by tiles. if the tile that they desire measures 2/5 ft by 2/5 ft., how many tiles will they need to cover the bathroom floor?
Answers: 3
Mia owns a warehouse that has a cost basis of $80,000. the city condemns the warehouse to make room...
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