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27. Several years ago, an investor bought a rental property for $200,000. Since purchasing the property, the investor has made improvements of $70,000 to the

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27. Several years ago, an investor bought a rental property for $200,000. Since purchasing the property, the investor has made improvements of $70,000 to the property and has taken depreciation of $50,000. What is the investor's current adjusted basis in the property? A. $150,000 B. $200,000 C. $220,000 D. $270,000

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