Anton purchases a building on May 4, 1999, at a cost of $270,000. The land is properly

Question:

Anton purchases a building on May 4, 1999, at a cost of $270,000. The land is properly allocated $30,000 of the cost. Anton sells the building on October 18, 2016, for $270,000. What is the character of Anton's gain or loss on the sale if he uses the regular MACRS system and the building is
NOTE: The depreciation calculations for this problem were done for problem 54, Chapter 10.
a. An apartment building
b. An office building