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This year, Leron and Sheena sold their home for $1,186,500 after all selling costs. Under the following scenarios, how much taxable gain does the home

This year, Leron and Sheena sold their home for $1,186,500 after all selling costs. Under the following scenarios, how much taxable gain does the home sale generate for Leron and Sheena? (Leave no answer blank. Enter zero if applicable.)

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c. Leron and Sheena bought the home five years ago for $756,000. They lived in the home for three years until they decided to buy a smaller home. Their home has been vacant for the past two years. Taxable gain

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