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Alex Bodvin acquires a residential rental property on June 1, 2022 at a cost of $423,000. Of this total, $132,000 is attributable to the land

Alex Bodvin acquires a residential rental property on June 1, 2022 at a cost of $423,000. Of this total, $132,000 is attributable to the land and $291,000 to the building. He immediately spends $42,00...

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