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Question 5 0/1 pts You purchased a commercial building and lot for $650,000 on September 15th of 2011. The lot itself was valued at $180,000
Question 5 0/1 pts "You purchased a commercial building and lot for $650,000 on September 15th of 2011. The lot itself was valued at $180,000 when purchased. You sold the lot and building on January 15th of 2018. Use MACRS depreciation and note this property is non-residential real property (39 year life). What is your allowable taxable depreciation amount for year 2018?" You Answered 17,124 Correct Answers 502 (with margin: 5) Question 5 0/1 pts "You purchased a commercial building and lot for $650,000 on September 15th of 2011. The lot itself was valued at $180,000 when purchased. You sold the lot and building on January 15th of 2018. Use MACRS depreciation and note this property is non-residential real property (39 year life). What is your allowable taxable depreciation amount for year 2018?" You Answered 17,124 Correct Answers 502 (with margin: 5)
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