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o Jackson owns a duplex used as residential rental property. The cuplex cost 5110,000 in 1986, and 7% of the cost was located to the

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o Jackson owns a duplex used as residential rental property. The cuplex cost 5110,000 in 1986, and 7% of the cost was located to the land. Total cost recovery deductions alowed amount to $102 300. The statutory percentages were used to compute cost recovery deductions. If the right in method of cost recovery were used instead. 5102.300 of cost recovery deduction would have been allowed. Read the moments Requirementa. Wut le the amount of conued gain and the character of the gain if Jackson seals the duplex for $160,000 with 7% of the price alocated to land? (Uue only one line for each character of gain if anput field is not ed, leave the input fimply do not selectatelor eter 200) Character of Gain Building Building Amount of Gain Land Requirement b Samen () except the building in an emce building. (Uwe only one line for each character of gran input ind is not used, lame the input fields) empty, to not select a set or etter a Amount of Gain Character of Gain Building Building Land Choose from any or enter any number in the input folds and then continue to the next question gain". If an input field is not used, leave the input field(s) empty; do not select a label or enter a zero.) Amount of Gain Character of Gain Building Building Land Sec. 1231 Sec. 1245 Sec. 1250 building. (Use only one line for each "character of Character of Gain Requirement b. Same as (a) except th zero.) Amount of Gain Building Building Land

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