[Solved] In an involuntary conversion,the basis of replacement property is its cost reduced by the gain deferred. United States: A country located primarily in North America, consisting of 50 states and a federal district, known for its diverse culture and significant influence on global affairs. Cybersex: A virtual sexual encounter between individuals via the internet, using text or multimedia. Anonymous: Referring to someone or something without a known identity, often used to describe actions or statements made without revealing one's identity. Real Sex: Sexual activity that involves physical interaction and is not fabricated or staged for entertainment or pornographic purposes.