Question: QUESTION 27 An apartment building owned by Frank was condemned by the state on November 12, 2020. Frank received the condemnation award on February 1,

the state on November 12, 2020. Frank received the condemnation award on

QUESTION 27 An apartment building owned by Frank was condemned by the state on November 12, 2020. Frank received the condemnation award on February 1, 2021. What is the last date that Frank can acquire appropriate replacement property if he wants to qualify for nonrecognition treatment? November 12, 2023 November 12, 2024 December 31, 2023 December 31, 2024 February 1, 2024

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