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Ms. Amin has come to you for advice on the tax consequences of the disposition of the following two residences in 2020: Residence Date of
Ms. Amin has come to you for advice on the tax consequences of the disposition of the following two residences in 2020: Residence Date of purchase Cost Real estate commission Estimated selling price Regina home 2005 $180.000 $12,000 $247.000 Cottage 2010 90.000 5,000 164,000 Required: compute the amount of taxable capital gains
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