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Kara purchases a home in Dallas, TX for $ 4 0 0 , 0 0 0 which she uses for investment purposes. After purchasing the
Kara purchases a home in Dallas, TX for $ which she uses for investment purposes. After purchasing the home, Kara decides to make a few improvements, including painting the walls herself estimated cost of labor: $; hiring contractors to install a paver patio cost: $ and putting in a pool cost: $ Kara has now owned the home for years and took $ of depreciation deductions each year. What is Kara's basis in the Dallas property? Explain your answer in full.
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