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Saburo purchased a rental home and lot for $175,000. His title expenses totaled $10,000. The land was appraised at $15,000. What is Saburo's basis for

Saburo purchased a rental home and lot for $175,000. His title expenses totaled $10,000. The land was appraised at $15,000. What is Saburo's basis for depreciation in the house?

$162,452

$170,003

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