Business, 09.12.2021 14:40 IDONTHAVEABRAIN

Alissa exchanges land with an adjusted basis of $22,000 and a fair market value of $30,000 for another parcel of land with a fair market value of $28,000 and $2,000 cash. What is Alissa's recognized gain or loss

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Alissa exchanges land with an adjusted basis of $22,000 and a fair market value of $30,000 for anoth...