Nate sold his main home for $ 400, 000 . He paid commissions totaling $ 20, 000 . Nate , who is single , purchased the home 15 years ago for $ 1 10, 000. Over the years , he has spent $ 13, 000 on improvements and $ 22, 000 on repairs to the home . Nate's recognized gain is : $ 20, 000. $7, 000 . $ 270, 0 DO . $ 257, 000