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Jack Purchase a house for $90000 and spends $15000 to rennovate it. he holds the house For 35 years and then sells it in the

Jack Purchase a house for $90000 and spends $15000 to rennovate it. he holds the house For 35 years and then sells it in the middle of the real state bubble for $400000. on how much of that amount does he have to pay taxes?

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