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Zofia bought a 2-unit apartment building in July 2014 for $330,000 and sold it for $400,000 on December 20, 2021. At the time of sale
Zofia bought a 2-unit apartment building in July 2014 for $330,000 and sold it for $400,000 on December 20, 2021. At the time of sale there was $83,493 of accumulated straight-linebuilding. Assuming Zofia is in the 37% tax bracket, how much of the gain will be taxed at 25%?
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$70,000
$83,493.
$153,493
0
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