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In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis

In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis shown is AFTER the depreciation. Complete the blanks:

Period of Use

Sales Price

Basis

Depreciation

Gain Recognized

3 years before sale; 10% office in home use

450,000

200,000

4,000

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