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H sold land to his sibling for $200,000. The land is used for farming and at the time of the sale had a market value
H sold land to his sibling for $200,000. The land is used for farming and at the time of the sale had a market value of $230,000. Two years after the sale the sibling sold the land for $250,000. What amount is included in the siblings net income for tax purposes from the sale of the land?|
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