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Nancy and Mike are married and live in Portland. Nancy purchased the house six years earlier for $300,000. While it is held in Nancy's name,
Nancy and Mike are married and live in Portland. Nancy purchased the house six years earlier for $300,000. While it is held in Nancy's name, both Nancy and Mike have always used it as their principal residence. What are the tax consequences to Nancy and Mike if Nancy sells the home this year for $800,000?
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Essentials Of Services Marketing
Authors: Jochen Wirtz
4th Edition
1292425199, 9781292425191
