In 2011 Coby purchased a rental house for $250,000 which he immediately placed in service. The purchase

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In 2011 Coby purchased a rental house for $250,000 which he immediately placed in service. The purchase included $35,000 for the land. On august 2, 2020 he sold the house to the tenant. How much depreciation may he deduct in 2020?

1. $2,121

2. $2,273

3. $2,424

4. $3,636

Related Book For answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th edition

Authors: Gerald E. Whittenburg, Steven Gill

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Posted Date: Aug 06, 2021 10:36 PM

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In 2011 Coby purchased a rental house for $250,000 which he immediately placed in service. The purchase

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Income Tax Fundamentals 2019

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