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Troy ( single ) purchased a home in Hopkinton, Massachusetts, on January 1 , 2 0 0 7 , for $ 2 2 5 ,
Troy single purchased a home in Hopkinton, Massachusetts, on
January for $ He sold the home on January
for $ How much gain must Troy recognize on his home sale in
each of the following alternative situations? Leave no answer
blank. Enter zero if applicable. Problem Part d Algod Troy rented out the home from January through
December He lived in the home as his principal residence
from January through December He rented out the
home from January through December and lived in
the home as his principal residence from January through
the date of the sale. Assume accumulated depreciation on the home
at the time of sale was $
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