Russell purchased a house 1 year ago for 150000 and due to


Russell purchased a house 1 year ago for $150,000 and, due to an employment-related move, sold the house this year for $200,000. What is Russell's taxable gain?

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Accounting Basics: Russell purchased a house 1 year ago for 150000 and due to
Reference No:- TGS0826245

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