Question: You purchase a multifamily property for $ 4 , 5 0 0 , 0 0 0 . You commission a cost segregation study to

You purchase a multifamily property for $4,500,000.  You commission a cost segregation study to determine how the cost should be allocated and determine the following:

Land: 30%

Residential Improvements: 55%

Land Improvements: 10%

Furniture, Fixtures & Equipment: 5%

What is your projected depreciation expense associated with this property? (Round your answer to the nearest dollar)

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