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Home Q & A Board Humanities Legal Studies
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mvillekid20 mvillekid20
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6 years ago
Ralph purchased a home in 2012 for 600,000. Ralph added a pool and landscaping for 36,000. Ralph lost his job and had to sell the home In a short sale for 420,000. Ralph had depreciated 32,000. The real estate commission was 28,000. What is the capital gains computation for Ralph?
 A)A gain of 392,000
 B)A gain of 212,000
 C)A loss of 212,000
 D)A loss of 280,000
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clew0012clew0012
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6 years ago
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mvillekid20 Author
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6 years ago
Thanks
rene_ram97
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Yesterday
Helped a lot
jasonbourne
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2 hours ago
Good timing, thanks!
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