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3) What would, be the taxable gain (loss) on a property given the following information 3) What would.be the taxable gain (loss) on a property

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3) What would, be the taxable gain (loss) on a property given the following information

3) What would.be the taxable gain (loss) on a property given the following information? Sale price Repairs and Maintenance Brokers commission Depreciation Utilities Original purchase price Cost of a new roof 5,000 7% 3,500 400,000

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