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Adjusted basis of improved real property is: The original cost plus loan payment less cost-recovery taken The original cost less cost-recovery taken The original cost

Adjusted basis of improved real property is:

The original cost plus loan payment less cost-recovery taken

The original cost less cost-recovery taken

The original cost plus capital improvements, less cost-recovery allowed, less any basis in partial sales

The difference between the loan of record and the propertys fair market value

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