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Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) OnJune 8, 2021, Holly purchased a residential apartment building. Thecost basis assigned to the building is $650,000.

Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) OnJune 8, 2021, Holly purchased a residential apartment building. Thecost basis assigned to the building is $650,000. Holly also ownsanoth 2 answers

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