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Tally owns a house that she has been living in for eight years. She purchased the house for $ 2 4 5 comma 0 0
Tally owns a house that she has been living in for eight years. She purchased the house for $ comma and the fair market valueFMV today is $ comma She is moving into her friend's house and has decided to convert her residence to rental property. Assume of the property's value is allocated to land.
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