Answer:
Following are the solution to the given point:
Explanation:
In point a:
Sum of:
= ($89,000 + $3,000) 
= $92,000  
Modified foundation= -$80,000  
A real profit= $12,000  
Gain (boot received) recognised = $3,000  
Tanya's West Coast Changed Base:   
Fair Market  = $89,000  
Posted benefit:
= ($ 12,000- $ 3,000)
=  $ 9,000  
 Adjusted Base =$80,000  
In part b:
Realized benefit calculation:  
Sum of =  $92,000
Modified Base =$72,000 + $3,000 = $75,000  
A real profit= $17,000    
gain was accepted = $0  
Changed base of Martin to the West Coast:   
Fair Market = $92,000  
Gain deferred  = ($17,000-$0) = $ 17,000  
Adjusted Base  = $75,000
In point c:
Recognized benefit from Martin:  
Value = $1,20,000  
Base adjusted= $ 75,000  
actual gain = $45,000  
Gain  Recognized= $45,000 
In point d:
Tanya has little effect mostly on selling by Lisa of an eastern seaboard ground. There is no supposed selling care among Lauren and Tanya after selling property on the eastern seaboard since they are unrelated parties. 
In point e:
sum of = $92,000. 
Tanya 's acceptable basis is $80,000 ($89,000-($12,000-$3,000)). 
actual benefit = $ 12,000  
gain benefit = $3,000  
Since the trade is deemed a non-taxable trade, $3,000 is recognized of the total $12,000 benefit. Its ground earned is $80,000 adjusted.