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Your aunt recently gave you property with a house of $1,200,000 and a FMV of $600,000. If you sell the property today (2018) for $1,600,000
Your aunt recently gave you property with a house of $1,200,000 and a FMV of $600,000. If you sell the property today (2018) for $1,600,000 What is the amount of capital gains?
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