Question: On June 1 , 2 0 1 8 , Lopez acquired and placed in service a building with a cost of $ 9 , 8
On June Lopez acquired and placed in service a building with a cost of $ Compute the depreciation deduction assuming
the building is classified as a residential and b non residential.
Click here to access the depreciation table to use for this problem.
If required, round your answers to the nearest dollar.
a Calculate Lopez's cost recovery deduction for if the building is classified as residential rental real estate.
$
b Calculate Lopez's cost recovery deduction for if the building is classified as nonresidential real estate.
$
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