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Is this statement true regarding the sale of a personal residence? To figure gain of loss from the sale the formula is ( Selling Price

Is this statement true regarding

the sale of a personal

residence?

To figure gain of loss from

the sale the formula is

(

Selling Price

-

Selling

Expenses

) - (

Adjusted Basis

) .

Click 'Yes' or

'

'

for each option until

complete.

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