Multiple Choice
Hannah,a single taxpayer,sold her primary residence on January 1,2019.Her total realized gain is $210,000.The house was acquired on January 1,2009,and rented to tenants until December 31,2015.Hannah moved in on January 1,2016,and used the house as her principal residence until the sale.During the rental period,$30,000 of depreciation was deducted.Due to the sale of the house in 2019,Hannah will recognize a gain of
A) $126,000.
B) $30,000.
C) $156,000.
D) $138,000.
Correct Answer:

Verified
Correct Answer:
Verified
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