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Lopez acquired a building on June 1 , 2 0 1 7 , for $ 1 3 , 4 0 4 , 0 0 0
Lopez acquired a building on June for $ Compute the depreciation deduction assuming the building is classified as a residential and b non residential.
Click here to access the depreciation table to use for this problem.
If required, round your answers to the nearest dollar.
a Calculate Lopez's cost recovery deduction for if the building is classified as residential rental real estate.
$fill in the blank
wrong
b Calculate Lopez's cost recovery deduction for if the building is classified as nonresidential real estate.
$fill in the blank
wrong
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