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Business, 02.07.2021 16:40 kratose

Anya owns land with an adjusted basis of $305,000, subject to a mortgage of $175,000. Anya sells her land subject to the mortgage for $325,000 in cash, and a note for $300,000. What is Anya's amount realized on this sale

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Anya owns land with an adjusted basis of $305,000, subject to a mortgage of $175,000. Anya sells her...

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