Jim and mary have lived in their house for 15 years. They originally purchased their...
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Jim and mary have lived in their house for years. They originally purchased their home for $ and added a deck which cost $ and made a room in their basement which cost them $ Prior to selling the house they painted the interior for $ the house sold for and real estate agent charged them in real estate commissions. What is the recognized gain on the sale of the house
Jim and mary have lived in their house for years. They originally purchased their home for $ and added a deck which cost $ and made a room in their basement which cost them $ Prior to selling the house they painted the interior for $ the house sold for and real estate agent charged them in real estate commissions.
What is the recognized gain on the sale of the house
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