Write up a minimum of a 2 paragraph response including the code sections referenced and supporting documents that would be needed to support your conclusion. This should be submitted as a word document.
If Joyce, a retired widow in good health, would like to someday move to be near her son and future grandchildren when he finally settles down. What would you recommend for tax planing purposes, so she could maximize the gains on the sale of her present home in Wausau and her lake house in Eagle River? Be sure to site any sources, tax code, and documentation she should have to support the tax position.