32. LO.1, 2 Jos purchased a house for $300,000 in 2010. He used the house as his...
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32. LO.1, 2 José purchased a house for $300,000 in 2010. He used the house as his personal residence. In March 2013, when the fair market value of the house was $400,000, he converted the house to rental property. What is José’s cost recovery for 2013?
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Related Book For 
South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts
ISBN: 9781285424484
37th Edition
Authors: William H. Hoffman Jr., William A. Raabe, James E. Smith, David M. Maloney, James C. Young
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