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Author Question: Partnership property may consist of: A) real property only. B) personal property only. C)any and all ... (Read 171 times)

RYAN BANYAN

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on: Jun 24, 2018
Partnership property may consist of:
 A) real property only.
 B) personal property only.
 C)any and all property acquired by the partnership.
 D)all property contributed by the partners or acquired for the firm or with its funds.

Question 2

Residential property purchased after 1986:
 A)Is depreciated over a 15-year period.
 B)Is depreciated over a 19-year period.
 C)Is depreciated over a 27.5-year period.
 D)None of the above


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amy.lauersdorf90

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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