Seamus, who is single, purchased a house to use as rental property on April 1, 2008, for $370,000. He moved into the house on January 1, 2021, and used it as a personal residence until August 1, 2022, when he sells the house for $540,000 Depreciation allowed while property was used as rental property amounts to $27,000

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Determine his (a.) realized gain on the sale. (Enter a 0 if no gain is realized) Seamus's realized gain on the sale amounts to Determine his (b.) recognized gain on the sale (Enter a 0 if no gain is recognized) VICIOS Seamus's recognized gain on the sale amounts to

Determine his (c.) recognized gain on the sale if the house is sold on August 1, 2023, for $540,000. (Use months for any necessary proration calculations. Do not round intermediary calculations Only round the amount you input in the field to the nearest dollar. Enter a 0 if no gain is recognized) Seamus's recognized gain on the sale am

Seamus, who is shgle, purchased a house to use as remal peoperty on Aprll 1,2003, for 5370,050 . He moved into the house on January 1,2021 , and used It as a pornonal rusidence Bint the ienuinent Determine his: a. realized gain on the sale b. recognized gain on the sale c. recognized gain on the sale if the house is sold on August 1, 2023, for $540,000 (Use months for any necessary proration calculations.)