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plzz i need the answer Sharon Sutherland owned a home in Toronto, Ontario, a ski chalet in Whistlet, British Columbla, and a condominium In Fiorida,
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Sharon Sutherland owned a home in Toronto, Ontario, a ski chalet in Whistlet, British Columbla, and a condominium In Fiorida, U.S. until June 15, 2022, when she sold all three properties and moved into a seniors' residence. She provides the following information with respect to the propertles: For the years that Sharon owned each property, she ordinarily inhabited it at some time in the year. She tended to spend the winter in Florida, the summer in Toronto, and the fall in Whistier. Required: a. Determine the minimum taxable capitai gain to be reported by Sharon on the sale of the three properties. (Enter all amounts as positive numbers.) b. For each of the years Ilsted, indicate which property is designated as a principol residence. (Choose "N/A" whenever "Property" is not applicable.) Sharon Sutherland owned a home in Toronto, Ontario, a ski chalet in Whistlet, British Columbla, and a condominium In Fiorida, U.S. until June 15, 2022, when she sold all three properties and moved into a seniors' residence. She provides the following information with respect to the propertles: For the years that Sharon owned each property, she ordinarily inhabited it at some time in the year. She tended to spend the winter in Florida, the summer in Toronto, and the fall in Whistier. Required: a. Determine the minimum taxable capitai gain to be reported by Sharon on the sale of the three properties. (Enter all amounts as positive numbers.) b. For each of the years Ilsted, indicate which property is designated as a principol residence. (Choose "N/A" whenever "Property" is not applicable.) Step by Step Solution
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