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Joselo purchased his primary residence for $ 2 8 0 , 0 0 0 . As part of the closing procedure, he paid $ 2
Joselo purchased his primary residence for $ As part of the closing procedure, he paid $ in loan origination fees, $ to a lawyer to review the purchase contract and other closing papers, $ for a property survey, and $ for title insurance. He also gave the real estate agent a $ gift certificate in appreciation for her hard work. What is Joselo's basis in the residence?
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