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chapter 13 Assume John and Mary boughta ski condo 10 years ago for $100,000. They treated it as a vacation home for 8 years but

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chapter 13 Assume John and Mary boughta ski condo 10 years ago for $100,000. They treated it as a vacation home for 8 years but used it as their personal residence for the last 2 years. They recently sold the condo for $450,000. How much gain can they exclude from the sale of their personal residence? a. $140,000. b. $210,000. c. $250,000. d. $350,000

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