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Question 22 1 pts Comprehensive Module 02 Problem B (4 of 8): You have decided to dispose of a duplex you have held as an

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Question 22 1 pts Comprehensive Module 02 Problem B (4 of 8): You have decided to dispose of a duplex you have held as an investment property for the past 10 years. You sell the property for $1,350,000. The adjusted tax basis of the property prior to the sale was $585,750. The balance of your existing mortgage was $471,801. You have depreciated the asset by $218,183, and you pay selling costs (commissions) of 5% of the selling price. Your long-term capital gains rate is 15% and your passive income is taxed at 25%. What is the long-term capital gain on which you will be subject to long-term capital gains tax? 476,567 O 478,567 480,567 482,567 Question 23 1 pts Comprehensive Module 02 Problem B (5 of 8): You have decided to dispose of a duplex you have held as an investment property for the past 10 years. You sell the property for $1,350,000. The adjusted tax basis of the property prior to the sale was $585,750. The balance of your existing mortgage was $471,801. You have depreciated the asset by $218,183, and you pay selling costs (commissions) of 5% of the selling price. Your long-term capital gains rate is 15% and your passive income is taxed at 25%. What is the amount of your long-term capital gains tax? 71,785 73,785 0 75,785 O 77,785 Question 24 1 pts Comprehensive Module 02 Problem B (6 of 8): You have decided to dispose of a duplex you have held as an investment property for the past 10 years. You sell the property for $1,350,000. The adjusted tax basis of the property prior to the sale was $585,750. The balance of your existing mortgage was $471,801. You have depreciated the asset by $218,183, and you pay selling costs (commissions) of 5% of the selling price. Your long-term capital gains rate is 15% and your passive income is taxed at 25%. What is the tax on unrecaptured depreciation? O 52,546 54,546 56,546 58.546 Question 25 1 pts Comprehensive Module 02 Problem B (7 of 8): You have decided to dispose of a duplex you have held as an investment property for the past 10 years. You sell the property for $1,350,000. The adjusted tax basis of the property prior to the sale was $585,750. The balance of your existing mortgage was $471,801. You have depreciated the asset by $218,183, and you pay selling costs (commissions) of 5% of the selling price. Your long-term capital gains rate is 15% and your passive income is taxed at 25%. What is your total tax liability? 122,331 124,331 O 126,331 128,331 Question 26 1 pts Comprehensive Module 02 Problem B (8 of 8): You have decided to dispose of a duplex you have held as an investment property for the past 10 years. You sell the property for $1,350,000. The adjusted tax basis of the property prior to the sale was $585,750. The balance of your existing mortgage was $471,801. You have depreciated the asset by $218,183, and you pay selling costs (commissions) of 5% of the selling price. Your long-term capital gains rate is 15% and your passive income is taxed at 25%. What is your after-tax cash flow (selling price - selling expense - loan payoff - total taxes)? O 682,368 O 684,368 O 686,368 688,368

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