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Business, 27.11.2019 19:31 Laocean9281
Louis owns three pieces of land with an adjusted basis as follows: parcel a, $75,000; parcel b, $125,000; and parcel c, $175,000. louis sells parcel a to his uncle for $50,000, parcel b to his partner for $120,000, and parcel c to his mother for $150,000.
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Louis owns three pieces of land with an adjusted basis as follows: parcel a, $75,000; parcel b, $1...
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