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Thomas bought a house as a rental property in June 2015 for $165,000. He made no improvements to it. In July 2020, he converted it

Thomas bought a house as a rental property in June 2015 for $165,000. He made no improvements to it. In July 2020, he converted it to his personal home. The fair market value at the time was $273,000. He sold it in August 2022 for $305,000. What is his basis in the house?

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