103 Lonza owns two apartment buildings . He acquired Forsythia Acres on February 21 1998 , for $300 000 890 000 allocated to the land ) and Square One on November 12 2016 , for $800 090 ( $100 000 allocated to the land ) . Neither apartment complex qualifies as low income housing . If Lonzo elects to deduct the cost of each building as quickly as possible , what is the effect of depreciation ( cost recovery ) on his AMTI for 2 . 1998 ? B. 2016