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Industrious young lawyer, Imgetting Minez, purchased some residential rental property three years ago for $275,000, and he now plans on selling it in August of
Industrious young lawyer, Imgetting Minez, purchased some residential rental property three years ago for $275,000, and he now plans on selling it in August of this year. If the sale goes through as scheduled, how much can Imgetting allow for depreciation during his last year of ownership?
Please show all steps. Correct answer is 4413.75
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