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Question 26 1 pts A Charlotte area real estate company purchased student apartments near UNC Charlotte on September 27, 2020, at a cost of $2,000,000
Question 26 1 pts A Charlotte area real estate company purchased student apartments near UNC Charlotte on September 27, 2020, at a cost of $2,000,000 (not counting the cost allocated to land). The company continued to own the building on December 31, 2020 What is the cost recovery deduction on the building in 2024? $33,630 $68,720 $75,720 $72,720
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