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Brittany purchased a building for $2,100,000 on January 1, 2007. The purchase price does not include land. Calculate the cost recovery for 2007 and 2015
Brittany purchased a building for $2,100,000 on January 1, 2007. The purchase price does not include land. Calculate the cost recovery for 2007 and 2015 if the real property is:
Brittany purchased a building for $2,100,000 on January 1, 2007. The purchase price does not include land. Calculate the cost recovery for 2007 and 2015 if the real property is: (Use Table 6A-6 and Table 6A-8)
a. Residential real property.
year
2007
2015
b. A warehouse.
2007
2015
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