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Business, 25.12.2020 20:20 amber665

Calvin and Carolyn Coleman purchased a home in San Francisco, California, for $375,000 on October 1, 2014. Calvin obtained a job in Portland, Oregon, and on December 1, 2015, the Colemans sold their home in San Francisco for $800,000. How much of the gain must the Colemans recognize?

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Calvin and Carolyn Coleman purchased a home in San Francisco, California, for $375,000 on October 1,...
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