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Matt incurred 25000 for the building of an extension to the

Question - Matt accuired a rental property on 15 April 2013 for $170,000 on 30April 2019 he sold the property for $325,000. Legal fees on purchase were $1,000 and the legal fees on sale were $1,750. Matt incurred $25,000 for the building of an extension to the property on 10 October 2016. What is Matt's capital gain arising from the disposal of this property, minimising any gain if possible?

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Accounting Basics: Matt incurred 25000 for the building of an extension to the

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