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1. Jos purchased a house for $300,000 in 2016. He used the house as his personal residence. In March 2021, when the fair market value

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1. Jos purchased a house for $300,000 in 2016. He used the house as his personal residence. In March 2021, when the fair market value of the house was $400,000, he converted the house to rental property. What is Jos's cost recovery for 2021

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