QUESTION 3 [5 marks] Justin Beaverton has come to you for advice on the tax...
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QUESTION 3 [5 marks] Justin Beaverton has come to you for advice on the tax consequences of the disposition of the following two residences in 2021: Residence Year of Cost Proceeds of Purchase Disposition Jimmy wishes to minimize any capital gains resulting Pickering Home 2008 $190,000 $600,000 from the sale of the two properties. Florida Condo 2014 $130,000 $405,000 -REQUIRED Compute the minimum amount of taxable capital gains for 2021. Show all of your work
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