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Author Question: On May 1 of this year, Ingrid sold her personal residence for $250,000. Commissions on the sale were ... (Read 111 times)

kaid0807

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on: Sep 13, 2020
On May 1 of this year, Ingrid sold her personal residence for $250,000. Commissions on the sale were $20,000.  Ingrid also incurred $10,000 of costs for painting and repairs, which were all completed and paid for two weeks prior to the sale of her home. Ingrid's basis in her old home was $180,000.  Ingrid's realized gain upon the sale of her first home is
◦ $ 0.
◦ $40,000.
◦ $50,000.
◦ $70,000.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by kaid0807 on Sep 13, 2020

abctaiwan

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kaid0807

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
Wow, this really help

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