Both of Gordon's rental buildings fall into CCA class 1, which has a maximum CCA rate of

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Both of Gordon's rental buildings fall into CCA class 1, which has a maximum CCA rate of 4%. If Gordon did not claim any CCA on the Rice Street property last year and he sells the property this year for $132,000 with $43,000 of the sale price attributed to the land, what would be the amount of his recapture? a) so b) $1,600 c) $3,200 d) $9,00

Posted Date: May 18, 2024 01:08 PM

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Both of Gordon's rental buildings fall into CCA class 1, which has a maximum CCA rate of

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