Business, 13.11.2019 03:31 isalybeaudion2205

Sarah (single) purchased a home on january 1, 2008, for $600,000. she eventually sold the home for $800,000. what amount of the $200,000 gain on the sale does sarah recognize in each of the following alternative situations? (assume accumulated depreciation on the home is zero.) (do not round intermediate calculations. round your answers to the nearest whole dollar amount. leave no answer blank. enter zero if applicable.) b. sarah used the property as a vacation home through december 31, 2015. she then used the home as her principal residence from january 1, 2016, until she sold it on january 1, 2018. gain recognized: $ d. sarah used the home as a vacation home from january 1, 2008, through december 31, 2011. she used the home as her principal residence from january 1, 2012, until she sold it on january 1, 2017. gain recognized: $

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Sarah (single) purchased a home on january 1, 2008, for $600,000. she eventually sold the home for $...

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