Question: Veronica exchanges realty with adjusted basis of $ 1 7 5 , 0 0 0 for like - kind realty that has FMV of $

Veronica exchanges realty with adjusted basis of $175,000 for like -kind realty that has FMV of $160,000 plus cash of $5,000. Her realized loss is $10,000. Can Veronica recognize this $10,000 loss?
Yes
No
Veronica exchanges realty with adjusted basis of

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