Explain one relevant tax issue for mary

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Reference no: EM131912838

Problem

Mary would like to dispose of some land that she acquired five years ago because she believes that it will not continue to appreciate. Its value has increased by $50,000 over the five-year period. She also intends to sell stock that has declined in value by $50,000 during the eight-month period she has owned it. Mary has four offers to acquire the stock and land: Buyer number 1: Exchange land. Buyer number 2: Purchase land for cash. Buyer number 3: Exchange stock. Buyer number 4: Purchase stock for cash.

Explain one relevant tax issue for Mary and describe the tax advantages and disadvantages of what she may be faced with.

Reference no: EM131912838

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