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Sale of principal residence. Adam is single and has no dependents. On January 1 , 2 0 1 2 , Adam began renting a house

Sale of principal residence. Adam is single and has no dependents. On January 1,2012, Adam began renting a house and using it as his principal residence. On January 1,2018, Adam purchased the house for $320,000. He continued to live there as his principal residence until November 30,2019, when he sold the house for $380,000 and immediately moved out. No unforeseen circumstances were involved. How much capital gain did Adam have to report on his 2019 return for this sale?

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