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Mike borrowed 5 0 0 , 0 0 0 and use the full amount to acquire shares a qualified small business corporation over the next

Mike borrowed 500,000 and use the full amount to acquire shares a qualified small business corporation over the next few years he deducted $100,000 and interest expenses related to the investment loan this year Mike sold the business for 950,000 he has not previously sold any type of qualified property assuming a lifetime capital gains exemption of $883,384 what is the minimum amount

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