I mean, you just had a basis reset. If the asset is later sold, you still have taxes on that 150M - 50k difference defined from the basis set by the appraisal.

I mean, you just had a basis reset. If the asset is later sold, you still have taxes on that 150M - 50k difference defined from the basis set by the appraisal. It's like if you sold and immediately re-bought them from a capital gains perspective.