Risa exchanges an office building with a $600,000 adjusted basis for an apartment building with a $1,000,000 FMV and $200,000 of marketable securities.What is Risa's basis for the apartment building?
A)$600,000
B)$800,000
C)$1,000,000
D)$400,000

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The Answer of Risa exchanges an office building with a $600,000 adjusted basis for an apartment building with a $1,000,000 FMV and $200,000 of marketable securities.What is Risa's basis for the apartment building?
A)$600,000
B)$800,000
C)$1,000,000
D)$400,000

Risa Exchanges an Office Building with a $600,000 Adjusted Basis