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Exercise 13-13 (Algorithmic) (LO. 3) Emily spent $166,000 to rehabilitate a certified historic building (adjusted basis of $107,900) that originally had been placed in service
Exercise 13-13 (Algorithmic) (LO. 3) |
Emily spent $166,000 to rehabilitate a certified historic building (adjusted basis of $107,900) that originally had been placed in service in 1935. |
What is Emily's rehabilitation expenditures tax credit? |
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