Laurie bought a home in 2007 for $65,000. On November 2, 2010, she sells it for $114,000.

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Laurie bought a home in 2007 for $65,000. On November 2, 2010, she sells it for

$114,000. Laurie uses the proceeds to purchase a duplex costing $200,000. She uses one unit in the duplex as her principal residence.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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