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Firm P , a noncorporate taxpayer, purchased residential realty in 1 9 8 5 for $ 1 million. this year it sold the realty for
Firm P a noncorporate taxpayer, purchased residential realty in for $ million. this year it sold the realty for $ Through date of sale, Firm P deducted $ accelerated depreciation on the realty. Straightline depreciation would have been $
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