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Question
Two investors buy a house for use as a rental property. Their accountant tells them they can deduct depreciation on 80% of the $76,000 value over 27 1/2 years. How much can they deduct in the third year of ownership?a. $2,211
b. $4,422
c. $6,633
d. $6,756
Answer
This answer is hidden. It contains 139 characters.
Related questions
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b. hypothecate property.
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