Moss exchanges a warehouse for a building he will use as an office building. The adjusted basis of the warehouse is $600,000 and the fair market value of the office building is $350,000. In addition, Moss receives cash of $150,000. What is the recognized gain or loss and the basis of the office building?
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Business, 22.06.2019 18:20, daya88
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Business, 23.06.2019 01:50, dnarioproctor
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