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Sarah ( single ) purchased a home on January 1 , 2 0 0 8 , for $ 6 0 0 , 0 0 0
Sarah single purchased a home on January for $ She eventually sold the home for $ What amount of the $ gain on the sale does Sarah recognize in each of the following alternative situations? Assume accumulated depreciation on the home is $ at the time of the sale.
Note: Leave no answer blank. Enter zero if applicable.
Problem Part d Static
d Sarah used the home as a vacation home from January through December She used the home as her principal residence from January until she sold it on January
Note: Round intermediate percentage computation to decimal places.
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