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In 2000, Lars and Josh bought commercial real estate at a cost of $20,000 and took ownership as tenants in common. Lars died 3 years

In 2000, Lars and Josh bought commercial real estate at a cost of $20,000 and took ownership as tenants in common. Lars died 3 years ago and left his interest to Josh. The property was valued at $100,000 when Lars died. Josh sold the property this year for $150,653. What is Josh's taxable gain?

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