Solution-What has sue failed to consider

What has sue failed to consider

Reference no: EM131553958

Question: Sue exchanges a sport utility vehicle (adjusted basis of $16,000l fair market value of $19,500) for cash of $2,000 and a pickup truck (fair market value of $17,500). Both vehicles are for business use. Sue believes that her basis for the truck is $17,500. In calculating her basis, what has Sue failed to consider?

Reference no: EM131553958

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What has sue failed to consider

Reference no: EM131553958

Reference no: EM131553958

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