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    sela_7's Avatar
    sela_7 Posts: 2, Reputation: 1
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    #1

    Dec 21, 2012, 02:17 PM
    Accounting answers
    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?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Dec 25, 2012, 03:32 PM
    You will need to be more explicit

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