Solved: Recommend tax planning strategies and what can be done to, Managerial Economics

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Recommend tax planning strategies and what can be done to

1. Evaluate the pros and cons related to an exclusion of a $250,000 gain for a primary residence and how using this residence as rental property could impact the gain or loss determination for the homeowner taxpayer. Recommend tax planning strategies and what can be done to ensure that the exclusion is not lost.

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