Multiple Choice
Tanner,who is single,purchased a house on April 15,2003 for $215,000.During the time Tanner owned the house,he installed a swimming pool at a cost of $21,000 and replaced the deck at a cost of $18,000.On August 5,2017,Tanner sold the house for $570,000.Tanner paid a sales commission of $30,000 and legal fees of $800 connected with the sale of the house.What is Tanner's recognized gain on the sale of the house?
A) $0.
B) $35,200.
C) $250,000.
D) $285,200.
Correct Answer:

Verified
Correct Answer:
Verified
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