Question
In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis
In each case, the property has been used as a principal residence for the period described, and subject to the facts as described. The basis shown is AFTER the depreciation. Complete the blanks:
| Period of Use | Sales Price | Basis | Depreciation | Gain Recognized |
| 3 years residence followed by 2 years rental | 450,000 | 200,000 | 30,000 |
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Automotive Audits Principles And Practices
Authors: D. H. Stamatis
1st Edition
0367696592, 978-0367696597
