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Robert acquired his rental property 10 years ago for 110,000 and sold it in the current year for 230,000. The accumulated straight-line depreciation on the

Robert acquired his rental property 10 years ago for 110,000 and sold it in the current year for 230,000. The accumulated straight-line depreciation on the property at the time of sale was 35,000. Roberto is in the 32 percent tax bracket for ordinary income. The longterm ca[itol gain tax on this transaction is what amount

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