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Kanye exchanges a business building worth $150,000 for another business building worth $175,000. Kanye also transferred stock worth $25,000 to the other party. Kanyes adjusted basis in the building is $180,000 and his adjusted basis in the stock is $11,000, respectively. How much gain or loss will Kanye recognize on the exchange? SO (S30,000) (S16,000) $14.000
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