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Raghu purchase a home in 2021 to use as a rental. What is his basis and the property if his expenses were as follows. $250,000

Raghu purchase a home in 2021 to use as a rental. What is his basis and the property if his expenses were as follows. $250,000 purchase price 30,000 which is attributable to lien $2500 legal fees $175 title fees $1200 homeowners insurance $1500 previous do real estate tax $2500 commission

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