Question: Please help with understanding the steps for this problem, please help. Thank you Lopez acquired a building on June 1, 2012 for $1000000 compute the
Please help with understanding the steps for this problem, please help. Thank you
Lopez acquired a building on June 1, 2012 for $1000000 compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential.
If the building is classified as residential real estate, Lopez's cost recovery deduction is ___________for 2017
if the building is classified as non residential real estate, Lopez's cost recovery deduction is ___________for 2017
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