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Tucker Estates Places an Apartment Building in Service on November

Question 80

Multiple Choice

Tucker Estates places an apartment building in service on November 22, 2014. The building's depreciable basis is $3,300,000. Tucker Estates sells the building on March 5, 2018. What is Tucker Estates' 2018 depreciation deduction on the property?


A) $15,015
B) $21,828
C) $24,998
D) $119,988

Correct Answer:

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