Please explain

Tha owns a house that she has been living in for olght years. She purchased the house for $250,000 and the FMV today is $215.000 Shala moving into a Manda house and han decided to convert hor residence to rental property Assume 40 of the property value is located to land Read the requirements Requirements. What is the last of the house for depreciation? The basis of thouse for depreciation is Requirements. If the calme depreciation of $12.900 and sales the property six years later for 5340,000 (80% allocated to tand determine the gain on the sale of the building and gahan the sale of the land Furst solct the forma labels and then calculate the realized gain or loun (Use a parentheses or a minun sign to show alon) House Land Rullegal loss Requirement. How much of the gain is due to depreciation? The gain due to deputation is Requirement dit to FMV is $265.000 when she converts the house to rental property instead of $215,000 what is the basis of the house for deprecation? The basis of the house for depreciations Tina owns a house that she has been living in for eight years. She purchased the house for $250,000 and the FMV today is $215,000. She is moving into her friend's house and has decided to convert her residence to rental property. Assume 40% allocated to land. Read the requirements Requirement a. What is the basis of the house for depreciation? The basis of the house for depreciation is Requirement b. If she claims depreciation of $12.900 and sells the property six years later for $340,000 (40% allocated to land), determine the gain on the sale of the building and gain on the sale of the land First select the formula labels and then calculate the realized gain or loss. (Use a parentheses or a minus sign to show a loss.) House Land Less: Realized gain (loss) Requirement c. How much of the gain is due to depreciation? The gain due to depreciation is Requirement d. If the FMV is $285,000 when she converts the house to rental property instead of $215,000, what is the basis of the house for depreciation? The basis of the house for depreciation is house that she has been living in for eight years. She purchased the house for $250,000 and the FMV today is $215,000. She is moving into her friend's house and has decided to convert her residence to rental property. Assume 40% of the property's value is land equirements ent a. What is the basis of the house for depreciation