Handy Corporation assists its relocated executives by buying their homes if an acceptable sale cannot be completed

Question:

Handy assists its relocated executives by buying their homes if an acceptable sale cannot be completed before their move. Purchase is made at the appraised value. What is the nature of Handy’s gain or loss on the subsequent sales? Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...