Rod paid $1,950,000 for a new warehouse on April 14, 2018. He sold the warehouse on September 29, 2023.
Determine the cost recovery deduction for 2018 and 2023.

Name: Rod paid $1,950,000 for a new warehouse on April 14, 2018. He sold the warehouse on September 29, 2023. Determine the cost recovery deduction for 2018 and 2023.
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The Answer of Rod paid $1,950,000 for a new warehouse on April 14, 2018. He sold the warehouse on September 29, 2023.
Determine the cost recovery deduction for 2018 and 2023.

Rod Paid $1,950,000 for a New Warehouse on April 14