During the year 1982 Sally purchased not new, used, improved real property from her sister at a
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During the year 1982 Sally purchased not new, used, improved real property from her sister at a cost of 130,000 of which 100000 is attributable to the building and 30000 to land. Sally rented the property immediately to others.
Compute sally's depreciation in the year 2003 for the building used as an apartment building
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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