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Barry Cuda is a single individual who has lived in his home for the past ten years. Barry purchased the home for $550,000 and just

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Barry Cuda is a single individual who has lived in his home for the past ten years. Barry purchased the home for $550,000 and just sold it for $750,000. What is the taxable amount of the sale proceeds? $750,000 $550,000 $200,000 $0

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