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Constanza, who is single, sells her current personal residence (adjusted basis of $213,000) for $596,400. She has owned and lived in the house for 30
Constanza, who is single, sells her current personal residence (adjusted basis of $213,000) for $596,400. She has owned and lived in the house for 30 years. Her selling expenses are $29,820.
Constanza's realized gain is $ and her recognized gain would be $.
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