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In 2 0 1 3 , Ellen purchased a house for $ 1 5 0 , 0 0 0 to use as her personal residence.
In Ellen purchased a house for $ to use as her personal residence. She paid $ and borrowed $ from the local savings and loan company In she paid
$ to add a room to the house. In she paid $ to have the house painted and $ for builtin bookshelves. As of January of the current year, she has reduced the
$ mortgage to $ What is her basis for the house?
Her basis for the house
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