Carl sells his principal residence, which has an adjusted basis of $150,000 for $200,000. he incurs selling expenses of $20,000 and legal fees of $2,000. he had purchased another residence one month prior to the sale for $380,000. what is the recognized gain or loss and the basis of the replacement residence if the taxpayer elects to forgo the § 121 exclusion (exclusion of gain on sale of principal residence)?

so i don't know what video you're talking about, but here's some stuff steve jobs gave as advice.

- love what you do.

- the worst thing that could happen might turn out to be the best thing that could happen.

- follow your heart and trust it knows where it's going.

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

answer; manager working long hours; plz check i believe this is correct good luck;

answernet income for 2017 will be greater if the inventory quantity declines;