Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 3.00

principal residence

Arnold who is single sold his principal residence on April 10, 2014 and excluded the realized gain under section 121 (exclusion on the sale of a principal residence) On April 12, 20141, he purchased another principal residence, which he sells on January 12, 2015 for a realized gain of $80,000. Can Arnold exclude the $80,000 realized gain on the January 2015 sale if his reason for selling was.

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Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 08:08 PM My Price 3.00

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