Lawrence purchased an apartment building on February 10, 2018, for $330,000, $30,000 of which was for the

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Lawrence purchased an apartment building on February 10, 2018, for $330,000, $30,000 of which was for the land. What is the cost recovery deduction for 2018?

a. $ 0.

b. $ 6,741.

c. $ 9,546.

d. $10,660.

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Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Question Posted: Jun 03, 2019 05:09 AM

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Lawrence purchased an apartment building on February 10, 2018, for $330,000, $30,000 of which was for the

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Fundamentals Of Taxation 2019

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