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Anton purchases a building on May 4,2006 , at a cost of $270,000. Of this amount, the land is properly allocated $30,000 of the cost. Anton sells the building and land on October 18, 2023, for $270,000. REQUIRED: (1) (2) Assume instead that Anton used the building as an office building. Answer the following questions related to this asset. (a) Calculate the amount of depreciation that Anton was allowed on the asset up to the date of sale, using the appropriate MACRS depreciation tables for this type of property. Show the appropriate calculations. Round your answers to the nearest whole dollar. (b) Calculate Anton's realized gain or loss on the sale of the asset. Show appropriate calculations. (c) What is the character of Anton's gain or loss on the sale? Explain your answer. (3) Assume that the building is an apartment building held for investment as discussed in Part (1). In addition to the sale of the building, Anton has the attached capital gains and losses during 2023. Anton is single and has a taxable income of $175,000 without considering his capital gains and losses. What is bis taxable income and income tax liability? Assume that Anton used the building as an apartment building, answer the following questions related to this asset. (a) Using the attached form, calculate the amount of depreciation that Anton was allowed on the asset up to the date of sale, using the appropriate MACRS depreciation tables for this type of property. Show the appropriate calculations. Round your answers to the nearest whole dollar. (b) Calculate Anton's realized gain or loss on the sale of the asset. Show appropriate calculations. (c) What is the character of Anton's gain or loss on the sale? Explain your answer. (2) Assume instead that Anton used the building as an office building. Answer asset up to the date of sale, using the appropriate MACRS depreciation tables for this type of property. Show the appropriate (b) Calculate Anton's realized gain or loss on the sale of the asset. Show (c) What is the character of Anton's gain or loss on the sale? Explain your answer. Assume that the building is an apartment building held for investment as discussed in Part (1). In addition to the sale of the building, Anton has the attached capital gains and losses during 2023. Anton is single and has a taxable income of $175,000 without considering his capital gains and losses. TAXPAYER ANTON CAPITAL GAINS AND LOSSES FOR TAX YEAR 2023 \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ FOR TAX YEAR 2023 } \\ \hline Short term capital loss & \$,000 \\ \hline Collectibles gain & 7,000 \\ \hline Long term capital gain & 15,000 \\ \hline Long term capital loss carryover from 2022 & 6,000 \\ \hline \end{tabular}