Chapter $9$ Supplemental Problems:

Aart ieliptte for fonvis Raints.

Name $q,$

Section $1031$ Problem

nono. $q,$

A$.$ Jan owns a small office complex in Qilbert. She wishes to get out of the office trade and move into residential properties. She becomes aware of a suitable two$-$unit apartment building in Surprise owned by Dean. Jan and Dean negotiate and agree to exchange the two properties. The folloming information is provided:

$\backslash$table$[[,$Jan,Dean$],[$FMV of Building,$$920,000,$$$675,000$