Patty purchased a property for $145,000 in a desirable neighborhood 10 years ago. She listed the property

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Patty purchased a property for $145,000 in a desirable neighborhood 10 years ago. She listed the property at $500,000 and it sold where net proceeds were $480,000. What is her percentage profit from the sale?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Oct 12, 2023 12:41 AM

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Patty purchased a property for $145,000 in a desirable neighborhood 10 years ago. She listed the property

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To calculate Pattys percentage profit from the sale you can use the following formula Perc... View the full answer

Income Tax Fundamentals 2013

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