Tyrone purchased his primary residence for $260,000. as part of the closing procedure, he paid...
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Tyrone purchased his primary residence for $260,000. as part of the closing procedure, he paid $2300 in a loan origination fee, $750 to a lawyer to review the purchase contract and other closing papers $150 for a property survey and $800 for title insurance. he also gave the real estate agent a $75 gift basket in appreciation for his hard work. tyron's basis in the residence is
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