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Marilyn has a rental property, which she placed in service this tax year. Her preparer has informed her that she will need to depreciate the
Marilyn has a rental property, which she placed in service this tax year. Her preparer has informed her that she will need to depreciate the property over the standard recovery period for residential real- estate. How many years should the property be depreciated?
a) 18 years
b) 39 years
c) 27.5 years
d) 31.5 years
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