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A vacant office building was purchased by Joel on April 1, 2022. The building was fully rented on June 1, 2022. Under MACRS, Joel must

A vacant office building was purchased by Joel on April 1, 2022. The building was fully rented on June 1, 2022. Under MACRS, Joel must use the half-year convention to compute his depreciation in 2022. a. True b. False

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