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Phil sold an apartment building in 2022 at a gain of $500,000. He had deducted $300,000 in depreciation over the years that he owned the

Phil sold an apartment building in 2022 at a gain of $500,000. He had deducted $300,000 in depreciation over the years that he owned the building. How much of the gain is taxed at the 25% tax rate?

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