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A tax shelter may provide deductions that result in lowering income taxes. Which of the following are allowable deductions on investment property? Group of answer

A "tax shelter" may provide deductions that result in lowering income taxes. Which of the following are allowable deductions on investment property? Group of answer choices depreciation (27.5 years or 39 years depending on type of property) property taxes paid on the property all the above repairs on the investment property

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