Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000

Marcus purchased Vinnie and Maries personal residence for $ 225,000 cash and the assumption of their $ 100,000 mortgage. Vinnie and Marie bought the house six years ago for $ 275,000 and have used it as a primary residence. What amount of gain should Vinnie and Marie recognize on the sale of their personal residence?

$ 0

$ 50,000

$ 100,000

$ 225,000