How should susan structure the transaction

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Reference no: EM132796491

Susan exchanges a rental building, which has an adjusted basis of $520,000, for investment land which has a fair market value of $700,000. In addition, Susan receives $100,000 in cash.

Problem A) What is the recognized gain or loss and the basis of the investment land?

Problem B) How should Susan structure the transaction if she believes her marginal tax rate will increase in the future?

Problem C) How would the tax effects differ if Susan's rental building had a basis of $800,000.

Reference no: EM132796491

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