abel and alice(who arr married in community of property) sold their house. they originally purchased the house to lease it to tenants. the house originally cost 190,000 on 1 December 1999. on 1 October 2001 the property was valued at R400,000. the time - apportionment base (TAB) cost is R259 365. they sold the house ib the current year of assessment for R 800,000. In April 2003, Thabiso and Tali, the tanants, had a pool developed on the property, which cost Thabiso and Tali R35 000. Alex and Alice refunded this amount to them. You are required to calculate Abels aggregate capital gain for 2004 year of assessment.
