REFUNDMN
Level 2
04-08-2022
09:28 AM
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I have a client who sold the duplex (Lived in one unit and rented out the second unit). The client lived there for the last 6 years. I know the client must pay capital gains tax on the depreciation, but does the client have to pay capital gains tax on the sale of the home as well. The net profit was only $123,000
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