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excluded under $ 121? 15-11 Loss on Sale of Personal Assets. Y sold his principal residence and realized a $12,000 loss. What is the proper

excluded under $ 121? 15-11 Loss on Sale of Personal Assets. Y sold his principal residence and realized a $12,000 loss. What is the proper tax treatment of this loss? .. Dananture. P owned and used a house as her principal residence for hafore selling it this year for a

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