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Author Question: Atiqa took out of service and sold a residential rental property on October 31 of this year. She had ... (Read 61 times)

oliviahorn72

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on: Sep 13, 2020

Question 1

Arthur uses a Chevrolet Suburban (GVWR 7,500 pounds) 100% for business. He acquired and placed the vehicle in service in his business in January of the current year. The vehicle cost $65,000. The maximum deduction allowed this year is
◦ $13,000.
◦ $38,000.
◦ $25,000.
◦ $33,000.

Question 2

Atiqa took out of service and sold a residential rental property on October 31 of this year.  She had originally acquired the property in July ten years ago.  The building (excluding the value of the land) cost $1,000,000.  How much is her current year depreciation deduction?
◦ $30,300
◦ $36,360
◦ $18,182
◦ $28,785
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by oliviahorn72 on Sep 13, 2020

britb2u

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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oliviahorn72

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Reply 2 on: Sep 13, 2020
:D TYSM

frankwu0507

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

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