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M acquired a home in 2015 for $400,000 and a cottage in 2019 for $300,000. In 2022M sold the home for $900,000 and the cottage
M acquired a home in 2015 for $400,000 and a cottage in 2019 for $300,000. In 2022M sold the home for $900,000 and the cottage for $600,000. What is the minimum amount to be reported in nef income for tax purposes in 2022
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