Will excanges a bulding with a FMV of $ 80,000, a basis of $ 35,000, and subject to a liability of $ 30,000 for land with a FMV of $ 50,000 owned by jane. What is the amount realized by Will?
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Will excanges a bulding with a FMV of $ 80,000, a basis of $ 35,000, and subject to a liability of $ 30,000 for land with a FMV of $ 50,000 owned by jane. What is the amount realized by Will?
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