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Dorothea originally sold her home for $ 92 , 000 . at that time , her adjusted basis in the home was $ 95 ,
Dorothea originally sold her home for $92,000. at that time, her adjusted basis in the home was $95,000. five years later, she repossessed the home when the balance of the note was $87,000. she resold it within one year for $100,000. Original sale expenses were $1,150, and resale expenses were $1,350. repossession costs were $2,900. she incurred $1,100. for improvements prior to the resale. What is Dorothea's recomputed gain?.
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