Business
Business, 20.03.2020 02:52, joooosshhhh

Alice purchases a rental house on August 22, 2019, for a cost of $174,000. Of this amount, $100,000 is considered to be allocable to the cost of the home, with the remaining $74,000 allocable to the cost of the land. What is Alice’s maximum depreciation deduction for 2019 using MACRS?

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Alice purchases a rental house on August 22, 2019, for a cost of $174,000. Of this amount, $100,000...

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