What will be the taxes due on sale? Assume 6% selling costs, 33% percent ordinary income tax
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What will be the taxes due on sale? Assume 6% selling costs, 33% percent ordinary income tax rate, a 15 percent capital gains tax rate, and a 25 percent recapture rate.
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Annual depreciation deduction 750000 x 1275 2727273 Total depreciation over 5 years 5 x 2...View the full answer
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Related Book For 
Real Estate Principles A Value Approach
ISBN: 978-0077836368
5th edition
Authors: David C Ling, Wayne Archer
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