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J contributed rental real estate to JD Partners with a tax basis of $525,000 and a fair market value of $825,000. The property is a

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J contributed rental real estate to JD Partners with a tax basis of $525,000 and a fair market value of $825,000. The property is a 27.5 -year property with 15 years left in its depreciable life for tax purposes. The partnership uses the straight-line method to compute depreciation expense for book and tax purposes. d. Compute tax and book depreciation for year 1 assuming the partnership uses the traditional method with curative allocations under Code Sec. 704(c). e. Compute tax and book depreciation for year 1 assuming the partnership uses the remedial allocations method under Code Sec. 704(c)

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