Question: 19) Nina exchanges property having a $20,000 adjusted basis and a $16,000 FMV for 100 shares of CCZ stock in a trans Nina's basis in

19) Nina exchanges property having a $20,000 adjusted basis and a $16,000 FMV for 100 shares of CCZ stock in a trans Nina's basis in her CCZ stock is $20,000. If Nina sells her stock for $5,000, what is the amount and character of her loss? action qualifying under Sec. 351. The stock qualifies as Sec. 1244 stock

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