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If you buy a property for $1,500,000 and the land is valued at $300,000, how much is your allowed annual depreciation? (Assume the depreciable life

If you buy a property for $1,500,000 and the land is valued at $300,000, how much is your allowed annual depreciation? (Assume the depreciable life is 39 years and you are using the straight line method.)

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$30,769

$1,200,000

$38,462

$43,636

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