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having trouble understanding this... Simonne, a single taxpayer, bought her home in Orlando 25 years ago for $55,000. She has lived continuously in the home

having trouble understanding this...

Simonne, a single taxpayer, bought her home in Orlando 25 years ago for $55,000. She has lived continuously in the home since she purchased it. In the current year, she sells her home for $405,000. What is Simonne's taxable gain on the sale?

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