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The client will have to pay capital gains tax on both the sale of the home and the sale of the furnishings. None of the sale of the furnishings can be excluded.
If they held the furnishings for longer than 1 year, then it is taxed at the preferential capital gains rates
They will have $100,000 gain on the sale of the home which will be taxed.
So, all in all they have $150,000 in capital gains to pay
Do you have any questions?