Question: In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis

In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis shown is AFTER the depreciation. Complete the blanks:

Period of Use	Sales Price	Basis	Depreciation	Gain Recognized
3 years residence followed by 2 years rental	450,000	200,000	30,000

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