Question: On June 1 , 2 0 1 9 , Lopez acquired and placed in service a building with a cost of $ 1 5 ,

On June 1,2019, Lopez acquired and placed in service a building with a cost of $15,185,900. Compute the depreciation deduction
assuming the building is classified as (a) residential and (b) nonresidential.
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 2024 if the building is classified as residential rental real estate.
b. Calculate Lopez's cost recovery deduction for 2024 if the building is classified as nonresidential real estate.
On June 1,2019, Lopez acquired and placed in service a building

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