abctax55
Level 15
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Lisa... if your client's replacement property(s) FMV isn't equal to or greater than the FMV of the property sold, some or all of the gain will be recognized.  I asked the question earlier in the thread but I'm still not sure that is the case in your situation.

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

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