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Ibrahim purchased a house in 2019 and rented it out the entire time he owned it his adjusted bases in the property before depreciation is

Ibrahim purchased a house in 2019 and rented it out the entire time he owned it his adjusted bases in the property before depreciation is $274,500 (41,500 attributable to land). In2021, Ibrahim sold the property fir 320,000 wwith 7500 in deductible expenses. The ttotal deprecuaton in was 17,093.

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