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01-07-2021
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9. Bayarmaa owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. On April 1, Bayarmaa sells her land subject to the mortgage for $650,000 in cash, a note for $600,000, and property with a fair market value of $120,000. What is the amount realized

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peanutandscotch peanutandscotch

01-07-2021

Answer:

610000-b=a

Explanation:

April 1=610000

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