Taylor has owned and occupied her personal residence (adjusted basis of $190,000) for four years. in april 2015, she sells the residence for $300,000 (selling expenses are $20,000). on the same day as the sale, taylor purchases another house for $350,000. because of noisy neighbors, she sells the new house after just 10 months. the selling price is $483,000 (selling expenses are $18,000).
what is taylor’s recognized gain on the sale of the first residence?
what is taylor’s basis for her second residence?
what is taylor’s recognized gain on the sale of the second residence?
assume instead that the sale of the second residence was due to taylor’s job transfer to another state. what is her recognized gain on the sale of the second residence?
answer; //////(d); //several buyers all want that same
they will receive a refund
follow these instructions:
> go to your home screen; make sure chromebook isn't open.
> hold down on esc + f3 (esc), then press power.
> wait for title screen to say "chrome os is missing or damaged. insert usb stick."
> press ctrl+d, and if prompted, press enter.
> the device will reboot, then you will follow the on screen instructions.
i hope this , have a great day! : )