Cindy purchased a building for $1,000,000. How should she deal with the expense on her tax return?   

a) She must deduct the $1,000,000 in the year of purchase. 

b) She must not deduct anything and wait until she sells the building to claim the expense. 

c) She must deduct 50% of the cost under IRC 1007. 

d) She must determine how much she can claim under the depreciation deduction