Question: On June 2 4 , 2 0 2 2 , Ronda purchased a duplex with the intent of renting both units. The seller, Elias, had

On June 24,2022, Ronda purchased a duplex with the intent of renting both units. The seller, Elias, had fallen behind on payments, so Ronda paid Elias $50,000 in cash and assumed the $210,000 mortgage. The assessed value of the property is $225,000(disregard land value for this question).
Ronda's other sale expenses are:
$1,900 mortgage interest owed by Elias.
$1,650 real estate tax owed by Elias.
$500 loan assumption fee.
What is Ronda's basis for depreciation in the duplex?

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