Norman purchase a vacation home for $$255,000$ and made $$5,000$ worth of non$-$separately stated improvements leaving a total cost of the house at $$250,000.$ He borrowed $$200,000$ on a mortgage and made a $$50,000$ cash down payment which included the cost of the improvements. Norman lived in this vacation home for the summers only and rented out the home during the other nine months of the year. Over the next three years, Norman depreciated $$3,350$ off the cost of the vacation home and paid the mortgage down to $$180,000.$ In the beginning of the fourth year, Norman sold the house for $$275,000$ in which the buyer assumed the $$180,000$ mortgage, plus paid $$70,000$ cash and gave Norman a yacht with a fair value of $$25,000.$ What is Norman$$s realized gain or loss?